Question
1.Discuss the Definition and Elements of a Contract. Explain each of the six Elements. Give an example of la least 3 of the elements. 2.
1.Discuss the Definition and Elements of a Contract. Explain each of the six Elements. Give an example of la least 3 of the elements.
2. Who are the various Parties to a Contract. Why do you think there are so many different names? Explain how they differ. Explain each.
4.Explain how the Bible Parable in Matthew 20:8-13 could be used to explain Freedom of Contract.What is it saying? Is this fair? Why or why not?
5. Give an example of a Bilateral Contract. Give an example of a unilateral contract. Explain why it makes a difference in Contract Law.
6. What is the purpose of a Quasi Contract? Explain how it works.
7. What are the Requirement of an Offer. Explain each of the requirements. What role does communication play?
9. Explain--- The Mailbox Rule, Silence as Acceptance Rule, Firm Offer, and Unordered Goods Rule in Contract Law.
10. Explain how an Auction Sale creates a contract. How does the process work? Who are the parties?
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