Question: Define the elements of a legal contract using examples from the scenario where applicable. A contract is a legally binding agreement between two or more

Define the elements of a legal contract using examples from the scenario where applicable. A contract is a legally binding agreement between two or more parties. For a contract to be legally binding, it has to satisfy a number of things. These are;offer, acceptance, consideration, capacity, and legality.

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 Law Questions!