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Explain the following terms: Agreement formal contracts contract of record unenforceable void enforceable intention to create legal relations offer acceptance objective test offeror offeree invitation

Explain the following terms:

Agreement

formal contracts

contract of record

unenforceable

void

enforceable

intention to create legal relations

offer

acceptance

objective test

offeror

offeree

invitation to treat

counter offer

conditional contracts

communication of acceptance

confilict of interest

termination of offer

consideration

adequacy of consideration

capacity

injunction

specific performance

quantum meruit

necessaries

beneficial services

non est factum

mistake

mutual mistake

misrepresentation

fraudulent misrepresentation

rescission

duress

undue influence

conditions and warranties

option

implied terms

breach of contract

repudiation of contract

doctrine of frustration

causation

mitigation of loss

liquidated damages

record keeping (how long are files kept and how/when are they returned to client).

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