Question: 1 . List and briefly describe the four basic elements of a valid contract. ( 8 pts . )

1. List and briefly describe the four basic elements of a valid contract. (8 pts.)

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!

Q:

Question 25 4 pts List and briefly describe the four required elements necessary to form a valid contract. Mutual Assent: Broad requirement to be met and form enforceable contract Consideration: Is a...

Q:

E8.21 LO8.1 8.2 Distortion of product costs: manufacturer Spinning Wheels Pty Ltd (SW) manufactures car and truck wheels. The company produces four basic, high- volume wheels used by manufacturers of...

Q:

1. Name and briefly describe the ten (10) legal requirements for a valid deed. 2. For a contract to be valid, what three (3) elements are required? Include a description of each element. 3. Various...

Q:

List and briefly describe the four basic elements of a valid contract. ( 8 pts . ) 2 . Explain briefly the concept of duress in contract law. ( 2 pts . ) 3 . Describe a short scenario where undue...

Q:

List and briefly describe the four basic elements of a valid contract.

Q:

List and briefly describe the four required elements necessary to form a valid contract.

Q:

1. List and briefly describe the four different levels of competition. 2. List and briefly describe the main parts of a competitor analysis. 3. What is most common definition of competition? Identify...

Q:

1. Define Web 2.0. Identify and briefly discuss it's five characteristics. 2. List and briefly describe the four basic types of B2B transactions and activities.

Q:

1. Computer programing/ Matlab definitions A) List and briefly describe the four basic types of programming logic B) [1 point] A data structure that holds more than one piece of information of the...

Q:

Please answer real estate law questions; 1. Real estate brokers are hired through written contracts known as _____________________. 2. Briefly explain the difference between express and implied...

Q:

Select all of the following graphs which represent y as a function of z.

Q:

Given the information in Problem 10, what was the average real risk free rate over this time period? What was the average real risk premium?

Q:

What is the primary reason for using staged financing in venture capital? To provide all the capital upfront To mitigate risk by providing capital in stages based on milestones To avoid dilution of...

Q:

Assume it is Monday, May 1, the first business day of the month, and you have just been hired as the accountant for Colo Company, which operates with monthly accounting periods. All of the companys...