Question: For a contract to be binding, it must have a valid offer, acceptance, consideration, Intension, certainty, and capacityFor a contract to be binding, it must

For a contract to be binding, it must have a valid offer, acceptance, consideration, Intension, certainty, and capacityFor a contract to be binding, it must have a valid offer, acceptance, consideration, Intension, certainty, and capacity

QUESTION

I)DEFINE ACCEPTANCE, EXPLAIN,EXAMPLE, AND IMPORTANCE

II)GIVE AN EXAMPLE OF CONSIDERATION

III) GIVE AN EXAMPLE OF OFFER

IV) GIVE AN EXAMPLE OF INTENTION

V) GIVE AN EXAMPLE OF CERTAINTY

STEP BY STEP EXPLANATION

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 Finance Questions!