Question: What elements must be present for there to be a meeting of the minds to form a contact? If I am very frustrated with my

What elements must be present for there to be a meeting of the minds to form a contact? If I am very frustrated with my car after being told that a repair will cost a lot of money and I say, Id take 2 cents to get rid of this money pit of a car. Can you say, sold, here is a nickel and you can keep the change and have an enforceable contact?

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 Accounting Questions!