Jim wants to sell his car to his friend Marsha. Describe what elements would need to be

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Jim wants to sell his car to his friend Marsha. Describe what elements would need to be present in order to have a valid contract. Would this contract fall under the UCC?

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Fundamentals of corporate finance

ISBN: 978-0470876442

2nd Edition

Authors: Robert Parrino, David S. Kidwell, Thomas W. Bates

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Question Posted: Sep 19, 2013 05:03 AM

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Jim wants to sell his car to his friend Marsha. Describe what elements would need to be

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Essentials of a valid contract There should be a valid offer which must create a legal obligation Th...View the full answer

Fundamentals of corporate finance

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