Question: What is the basic reason to have this contract in law for Offer, Acceptance, Consideration and Forebearance to sue. What is the difference between of

What is the basic reason to have this contract in law for Offer, Acceptance, Consideration and Forebearance to sue. What is the difference between of each?

  1. Offer
  2. Acceptance
  3. Consideration
  4. Forebearance to sue

Give example if you can. Please note that this will helping me understand. And I do respect the "honor code" as well

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