Question: The three primary elements of a contract are: Offer, Acceptance, and Consideration Offer, Acceptance, and Legality Offer, Capacity, and Consideration Offer, Reasonable Doubt, and Liquid

The three primary elements of a contract are:
Offer, Acceptance, and Consideration
Offer, Acceptance, and Legality
Offer, Capacity, and Consideration
Offer, Reasonable Doubt, and Liquid Damages
The three primary elements of a contract are: Offer, Acceptance, and

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 General Management Questions!

Q:

Perform the annual journal entries for eHealth under the old and new revenue recognition standard for one Medicare Advantage policy using the information in Exhibit 7. Under the new standard, how...

Q:

1: Intellectual property is a form of tangible property that originates from creative and intellectual processes. This statement is a. True b. False Question 2: Which of these is a major advantage of...

Q:

What are the primary elements of a contract ? A Offer , Acceptance , Legal Capacity , and Consideration B Offer , Acceptance , Intention , and Legal Capacity Consideration , Intention , Offer , and...

Q:

The three primary elements of a contract are Offer, pre - existing duty, acceptance Offer, consideration, acceptance Promissory estoppel, consideration, acceptance Offer, good faith and fair dealing,...

Q:

TRUE/FALSE Indicate whether the statement is true or false (An answer must be all True to be True) T F T F T F T F T F T F T F T F T F T F T F T F T F T F T F T F T F T F T F T F T F T F T F T F T F...

Q:

i. True or False -Under the UCC, a contract for the sale of goods that includes open terms is void. T/F -Oral promises of fact made during the bargaining process are not express warranties. T/F...

Q:

Business law question \begin{tabular}{|c|c|c|c|c|c|c|} \hline Criteria & \begin{tabular}{l} Exemplary \\ 45 points \end{tabular} & \begin{tabular}{l} Accomplished \\ 3825 points \end{tabular} &...

Q:

Required Elements for a Valid Contract a) The required elements for a valid contract are: 1) an offer, 2) acceptance of that offer, 3) consideration, 4) legal capacity of the parties, and 5) legality...

Q:

1).T/FThe agreement or "meeting of the minds" is comprised of two elements, offer and acceptance. 2).T/FAt common law, the offer and acceptance must match exactly or be the mirror image of eachother....

Q:

1).T/FThe agreement or "meeting of the minds" is comprised of two elements, offer and acceptance. 2).T/FAt common law, the offer and acceptance must match exactly or be the mirror image of eachother....

Q:

Question 1 To be effective, an offer must: Group of answer choices None of these. be sufficiently definite and certain. manifest an intent to enter into a contract. All of these. be communicated to...

Q:

Parts (a) through (d) below provide additional results for Case Study 21.1. For each of the parts, compute an approximate 95% confidence interval for the difference in mean symptom scores between the...

Q:

A parallel-plate capacitor with only air between the plates is charged by connecting it to a battery. The capacitor is then disconnected from the battery, without any of the charge leaving the...

Q:

Question 1 1 pts Under the check - the - box - rules, a taxpayer can choose to have the following entity treated as a partnership, except: An LLC with 1 2 0 members An unincorporated food truck Goned...

Q:

2. The force of interest 8 is a function of time and at any time t, measured in years, is given by the formula: 8(t) = 0.02 +0.0020 8(t) = 0.03 +0.005t Osts5 5 st s 10 a) Calculate the discount...