Question: Identify and explain the requirements and elements for a valid contract. Legally how is a contract formed and what are some similarities and differences between

Identify and explain the requirements and elements for a valid contract. Legally how is a contract formed and what are some similarities and differences between common law contracts versus the Uniform Commercial Code? Why is it important to distinguish and identify which applies when making a contract business decision?

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Requirements and Elements for a Valid Contract 1 Offer and Acceptance Offer A clear definite proposal Acceptance Unconditional agreement to the terms ... View full answer

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