Attempt any 5 questions (2 * 5 = 10)

1. What are the elementsofa contract, according tothecommon law?
2. Is thematterofwhether a contractexistsjudgedaccording to a subjective standardor an objective one? Explain.
3. Are oral contracts enforceable?
4. Whatis a pre-existing legal duty?
5. Whatis a gratuitous promise? Giveanexample.
6. Whatare four sourcesthatthecourt can relyonto implyterms?

7.Whatisthedifference between a click-wrap agreementanda browse-wrapagreement?

1. Whatisanunconscionabletransaction?
2. Whatfour typesofcontracts relevanttobusiness law are requiredto beinwriting?