Question: exists when an offeror communicates a valid offer with clear and unambiguous terms to the offeree, and the offer has been accepted properly by the

exists when an offeror communicates a valid offer with clear and unambiguous terms to the offeree, and the offer has been accepted properly by the offeree. Also known as "meeting of the minds."

Legality

Mutual assent

Capacity

Consideration

exists when an offeror communicates a valid offer with clear and

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