Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Question 24 (2 points) Saved In common law, a contract is validly formed if all the binding parties are legally capable to form a valid

image text in transcribed
Question 24 (2 points) Saved In common law, a contract is validly formed if all the binding parties are legally capable to form a valid agreement and where such agreement lead to exchange of value under a legal cause and a legal object. True False Question 25 (2 points) Saved According to the Carbolic Smoke Ball Co court decision, an advertisement containing certain terms to get a reward constituted a binding unilateral offer that could be accepted by anyone who performed its terms. True False

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Behavioral Finance And Investor Types

Authors: Michael M. Pompian

1st Edition

1118011503, 978-1118011508

More Books

Students also viewed these Finance questions