Question: 1. Explain the basic requirements that must be met for a contract to be enforceable. 2. List the four ways in which an offer can

1. Explain the basic requirements that must be met for a contract to be enforceable.

2. List the four ways in which an offer can be terminated by operation of law and explain them in brief.

3. What is a noncompete clause? When is it considered to be lawful?

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