Valid contracts require an offer, an acceptance, and a consideration. Identify these elements in the following cases:
Question:
Valid contracts require an offer, an acceptance, and a consideration. Identify these elements in the following cases:
a. The purchase of an item at the store
b. The hiring of labor
c. A paid bus ride
d. A construction contract
e. The position of staff member in a firm
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ANSWER In contract law for a contract to be valid three essential elements are generally required an offer an acceptance and consideration Lets identi...View the full answer
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Related Book For
Construction Management
ISBN: 9781119256809
5th Edition
Authors: Daniel W. Halpin, Bolivar A. Senior, Gunnar Lucko
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