Identify, define and discuss each of the following. Contract Offer Cause Counter offer Contractual Capacity Fraud Consideration
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Question:
- Identify, define and discuss each of the following.
- Contract
- Offer
- Cause
- Counter offer
- Contractual Capacity
- Fraud
- Consideration
- Detrimental reliance
- Statute of frauds
- Suspensive Condition
- Essay. Answer the following questions.
- What elements must a contract contain in order to be a business transaction with reasonable assurance? Give examples
- Why must certain contracts be in writing in order to be valid? Why are other contracts valid without a written agreement? Give examples.
Related Book For
Understanding Basic Statistics
ISBN: 9781111827021
6th Edition
Authors: Charles Henry Brase, Corrinne Pellillo Brase
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