In addition, the terms of a contract must be sufficiently definite for a court to enforce them. Enforcement and Contract Defenses. If a court determines that a contract exists, it next must decide whether that contract should be enforced. There are a number of reasons why a court might not enforce a contract.
startup. Early stage in the life cycle of an enterprise where the entrepreneur moves from the idea stage to securing financing, laying down the basis structure of the business, and initiating operations or trading.arly stage in the life cycle of an enterprise where the entrepreneur moves from the idea stage to securing financing, laying down the basis structure of the business, and initiating operations or trading.
There are five distinct stages in the small business life cycle. Iâll start with a picture and then move to a brief discussion: Stage 0 â the Aspirational stage. People in this stage want to start a business and like the idea of it, but they havenât committed to becoming entrepreneurs. Stage 1 â the Entry stage.