Define the following, with relevant case law,hypothetical example or other credible authority: 1. offer 2. acceptance 3.invitation

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Define the following, with relevant case law,hypothetical example or other credible authority:

1. offer

2. acceptance

3.invitation to treat

4. statement of intention

5.supply of information

6. consideration

7. promissory estoppel

8. void(contract)

9. Voidable(contract)

10.Wholly executory contract

Related Book For answer-question

Income Tax Fundamentals 2013

ISBN: 9781285586618

31st Edition

Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill

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Posted Date: Feb 14, 2024 01:55 AM

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Define the following, with relevant case law,hypothetical example or other credible authority: 1. offer 2. acceptance 3.invitation

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Expert Answer:

1 Offer An offer is a proposal made by one party to another indicating an intention to enter into a contract on certain terms It must be clear definite and communicated to the other party An offer can ... View the full answer

Income Tax Fundamentals 2013

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