Question: Describe an instance where you have entered into a contract, and explain why, based upon the 4 requirements of a valid contract you believe that

Describe an instance where you have entered into a contract, and explain why, based upon the

4

requirements of a valid contract you believe that the contract you entered into was valid. If you have never entered into a contract then provide a scenario that you believe constitutes a valid contract and then discuss based upon the requirements of a valid contract, you believe that the scenario you described is a valid contract.

Describe an instance where you have entered into a contract, and

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!

Ms. Barbara Cortillo has retained our law firm to determine whether she has a claim against Debra Gaston. Ms. Cortillo believes that Gaston trespassed onto Ms. Cortillo's land. I met with Ms....

Question 1 Larry is cleaning out his basement.While digging through all the clutter Larry found a few old pictures his mother gave him before she died.Larry does not know the value of the paintings...

1. Was VAAF contractually obligated to pay Chad for refraining from smoking? 2. Was there consideration to support its promise to pay $500? 3. Are there other facts you need to know to make that...

QUESTION 11 In May, Miguel, a 17-year-old college student, was introduced to Bluestone, the operator of a restaurant. Miguel and Bluestone entered into a written agreement whereby Bluestone hired...

Contracts Business law generally revolves about concepts involving contracts. By definition a contract is an agreement between two or more people, business entities or parties wherein individuals,...

Alternative Dispute Resolution The Search for Alternatives to Litigation Legislatures have tried to find alternatives to costly litigation. These alternatives are called \"alternative dispute...

1. Daniel Dimwit sees an advertisement for a toaster oven at Target for the price of $49.00. When he gets to Target they are all sold out. Sears has the same toaster oven for $60.00. Can Mr. Dimwit...

Chapter 9 from Business Law and the Legal Environment was adapted by The Saylor Foundation under a Creative Commons Attribution-NonCommercial-ShareAlike 3.0 license without attribution as requested...

4) Parktown Realty Inc developed an upscale condominium complex. On October 1, Miranda Wine signed an offer to purchase one of the units. Part of that document said, "This offer is irrevocable by the...

Determine all truth value assignments, if any, for the primitive statements p, q, r, s, t that make each of the following compound statements false. (a) [(p q) r] (s t)

The rest energy of a proton is about 938 MeV. If its kinetic energy is also 938 MeV, find (a) Its momentum (b) Its speed.

Under Section 1 6 3 ( j ) , the limitation on business interest expense deductions for a company is generally restricted to which of the following? 3 0 % of the company s gross income plus any...

The annual demand for an item is 1,700 units. The order cost is $7. Unit cost is $8 and the unit holding cost per year is 18% of the item's value. The order quantity is 125 units. What are the total...