Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

What are four elements of a legally binding contract? What is an offer and what is an invitation to treat? When will an offer take

What are four elements of a legally binding contract? What is an offer and what is an invitation to treat? When will an offer take legal effect? What is an acceptance and what is a counter offer? When will an acceptance take legal effect? What are the legal requirements for valid consideration? How do you decide if the party has an intention to create legal relations?

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

Andersons Business Law and the Legal Environment

Authors: David P. Twomey, Marianne M. Jennings, Stephanie M Greene

23rd edition

1305575083, 978-1305856516, 1305856511, 978-0357689868, 978-1305575080

More Books

Students also viewed these Law questions

Question

3. To retrieve information from memory.

Answered: 1 week ago

Question

2. Value-oriented information and

Answered: 1 week ago

Question

1. Empirical or factual information,

Answered: 1 week ago