Three Elements-Agreement,consideration,and Contractual Capacity-Are Suf?ficient to Form a Binding Contract
Three elements-agreement,consideration,and contractual capacity-are suf?ficient to form a binding contract.
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Q1: Informal contracts are usually based on substance
Q4: A promisee is a person who makes
Q6: A contract is an agreement that can
Q7: Under the objective theory of contracts,the intention
Q8: An agreement includes an offer and an
Q10: Offers may not be revoked before they
Q13: A contract under seal is a formal
Q14: Contract disputes rarely arise on a promise
Q14: All promises are legal contracts.
Q19: There are no exceptions to the rule
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