Answered step by step
Verified Expert Solution
Question
1 Approved Answer
The requirements for a valid offer and a valid acceptance in a bilateral agreement. The difference between a bilateral agreement and a unilateral agreement. Four
- The requirements for a valid offer and a valid acceptance in a bilateral agreement.
- The difference between a bilateral agreement and a unilateral agreement.
- Four types of contracts that must be in writing and then at least four exceptions to the types of contract that don't have to be in writing.
- Discuss what primary terms must be in a valid contract, whether in writing or oral, and who is the party to be charged?
- What is an "accord and satisfaction" and is consideration required for an accord and satisfaction to be valid?
- Define the terms "duty to mitigate", "compensatory damages," "consequential damages", and "waiver of a breach".
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started