1-1 What are the three (3) things that Contract Law is designed to provide in the marketplace?...
Question:
1-1 What are the three (3) things that "Contract Law" is designed to provide in the marketplace?
1-2 What is the first primary source of contract law that generally governs all contracts?
1-3 What are two sources of contract law that might serve as an "exception" to when the primary source of contract will govern all contracts?
1-4 Put simply, what is a contract?
1-5 In contract law, a party's intention to enter into a legally binding agreement, or contract, is determined and interpreted by what?
1-6 What four requirements must be met before a valid contract exists?
1-7 What is a "bilateral contract"?
1-8 What is a “unilateral contract?”
1-8 In what way does an "implied contract" differ from an "express contract"?
Accounting Tools for business decision making
ISBN: 978-0470095461
4th Edition
Authors: kimmel, weygandt, kieso