Ready, Willing And Able Legal Meaning and Definition

Here is a simplified definition of the legal term Ready, Willing And Able.

Ready, Willing and Able (phrase): This phrase is used in a legal context to describe a person who is prepared, agrees, and has the capacity to execute an agreement or contract. This means that a person is ready to act, willing to agree to the terms, and legally capable to carry out the obligations within a binding agreement or contract. This condition is necessary for the lawfulness and enforcement of contracts.