Question: In your own word. Explain each essential elements/requisites of a contract. 1. Offer 2. Acceptance 3. Consent

In your own word. Explain each essential elements/requisites of a contract.

1. Offer

2. Acceptance

3. Consent

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!

Q:

a. Construct a time-series graph of the sales data for HeathCos line of skiwear. Does there appear to be a seasonal pattern in the sales data? Explain why you think the results are as you have found....

Q:

There are several essential elements of a contract: 1. Offer 2. Acceptance 3. Consideration 4. Legal capacity 5. Legal purpose Which of the following are enforceable contracts and which are not? Why...

Q:

please its due in a few hours i will like please provide examples for each one, i will like! Contract Assignment: Explain the elements of a valid contract: 1. Offer? 2. Acceptance? 3. Consideration?...

Q:

Explain the elements of a valid contract: 1. Offer? 2. Acceptance? 3. Consideration? 4. Legal Capacity? 5. Legality of the K? 2) Provide your own example of a contract that applies all the elements...

Q:

In your own word, explain each essential elements/requisites of a contract. don't copy paste on the internet 1. consent 2. Offer 3. Acceptance

Q:

In your own, explain each essential elements/requisites of a contract. 1. Consent 2. Offer 3. Acceptance

Q:

Explain 8 basic elements in the formation of a contract. 1. Offer 2. Acceptance 3. Consideration 4. Capacity 5. Intention 6. Free Consent 7. Certainty 8. Valid Object

Q:

CASE SCENARIO Ms Karla Tulli is a Certified Practising Accountant (CPA), who has two specialisations in Accounting and Finance. Ms Karla Tulli has been running her own small accounting firm for only...

Q:

Administrative Law 5 A dministrative law governs and defines the powers of government agencies. A number of political and technological factors have led to an explosion in the growth of government...

Q:

Total 25marks Question 1 (10 marks) Vincenzo Franco and his family had come from Italy to visit relatives in Australia, decided that they would like to book a trip to Mount Hotham (Ski Resort) in...

Q:

CASE SCENARIO Karla is a professional chef and now is currently running a new Italian restaurant in Victoria. As a professional chef, she has decided to add a new range of pasta dishes to her menu....

Q:

In the previous problem, suppose the company instead decides on a five-for-one stock split. The firms 80-cent per share cash dividend on the new (post-split) shares represents an increase of 10...

Q:

How many pivot columns must a 4 ( 6 matrix have if its columns span? Why? R4

Q:

Which of the following is NOT a benefit of reciprocal distribution? It allows companies to account for the fact that service departments often provide services for one another. It quickly shows how...

Q:

Paulas basis in her partnership interest is $60,000. In liquidation of her interest, the partnership makes a proportionate distribution to Paula of $20,000 of cash and inventory (basis of $5,000 and...

Q:

Gala Company is a manufacturer of laptop computers. Various costs and expenses associated with its operations are as follows. 1. Property taxes on the factory building. 2. Production superintendents...

Q:

Prepare a multiple-step income statement for Jackrabbit, Inc. from the following single-step statement. Net sales ............$1,840,000 Gain on sale of equipment.......15,000 Interest...

Q:

On January 1 of Year 1, Bryson Company obtained a $147,750, four-year, 7% installment note from Campbell Bank. The note requires annual payments of $43,620, beginning on December 31 of Year 1. a....

Q:

Presented below are incomplete manufacturing cost data. Determine the missing amounts for three differentsituations. Direct Materials Used Direct Labor Used Factory Overhead Total Manufacturing Costs...

Q:

Among a group of 5 8 programmers, who know either Java or Python or both, 1 5 only know Java and 1 3 only know Python. What is the probability of randomly choosing a programmer who knows both...

Q:

5. Which metaphors do you mainly use when talking about organizations and companies? What do these metaphors express about an organization or a company? Are there other metaphors that may be more...

Q:

4. Using the same examples you gave in question 3, try to identify circular sequences, i.e. A affects B, but B also affects A.

Q:

6. Give three examples that nothing (doing nothing) can function as a cause.