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What are the three elements of an offer and how were they satisfied in your contract: 1. 2. 3. How was the offer accepted? Was
What are the three elements of an offer and how were they satisfied in your contract:
1.
2.
3.
How was the offer accepted? Was it accepted orally or in writing by signature or in some other way? Why was this a proper and legal way to accept the offer?
Was the offer unilateral or bilateral and why?
Bil
What was each partys consideration?
Yours:
Theirs:
What are the 2 elements of Consideration? Apply them to your contract.
1.
2.
Was your consideration a Promise, Performance or a Forebearance?
Was their consideration a Promise, Performance or a Forebearance?
Did both parties possess capacity? Briefly describe.
Was your contract for a legal purpose?
Yes, The lease agreement acts as a legal, binding contract between the landlord and I (The tenant) and will be used as such by the court if any legal proceedings arise between the two parties.
Was there a choice of law provision in your contract? If so, what jurisdictions law were used (what state or was it Federal?)
Was there an arbitration provision in your contract? If so, what organization will conduct the arbitration?
Was there a venue/forum clause in your contract? If so, where will your case be heard?
What will be the consequence if you breach the contract?
If I breach the contract I will
What will be the consequence if they breach the contract?
Is there a limitation of damages clause in the contract? What does it limit the damages too?
Finally, are there any other clauses you found interesting? Please describe the clause and why it was interesting to you.
This is for an apartment lease contract
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