Styles Part 2 The Basic elements required in a contractual agreement are: 1) offer and the 2) Acceptonce of that offer 3) Consideration: something of value exchanged between the parties to the contract 4) Capacity: the parties to the contract are of legal age, sober and sane 5) Intention: no one can be forced or pressured into a contract - also called 'Genuine consent Legality - can't enforce a contract for an illegal act PARTA You have just booked a room at the Delta Waterloo for this evening - the room rate is $150.00. You provided your credit card number and details to the reservation agent to guarantee your reservation. You agreed to check into the hotel prior to the 6PM reservation cancellation deadline. Describe the 6 elements of the reservation contract you have just made. Which of the 6 if any are present and why? Which are not present and why? > Identify which party has made the offer and which party has accepted. PARTB On the way to the Delta Waterloo, you were involved in a minor fender bender thus delaying your arrival to the hotel until 7:00 PM. When you arrive at the hotel and attempt to check in, you've been advised that the hotel is oversold and there aren't any rooms available. What has happened? I Who is at fault? > What should the hotel do (if anything)? Accessibility Good to go