1 What is meant by the term meeting of the minds How is it significant to the formation of contracts

2 What is a comfort letter What rights and obligations do the parties have under a comfort letter

3 What risks are associated with offers Describe two techniques by which the courts reduce those risks 

4  Provide a translation of the phrase quantum meruit Briefly explain the significance of the phrase in connection with the law of contracts

5 Why do the courts generally rely upon an objective test rathe

Answer rating: 100% (QA)

1 A meeting of the minds is an essential element in the validation of a legally binding contract Meeting of the minds refers to the comprehension and mutual agreement or mutual assent of both parties ... View the full answer