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CONTRACT LAW EXAM COMPILATIONS. VERIFIED.

CONTRACT LAW EXAMS REVIEW QUESTIONS AND ANSWERS, GRADED A+/ VERIFIED+

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BUSINESS LAW - CONTRACT LAW QUESTIONS AND ANSWERS, GRADED A+

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BUSINESS LAW - CONTRACT LAW QUESTIONS AND ANSWERS, GRADED A+ Contract - -between two or more parties that is enforceable by the court of law Elements of a contract - -1. Agreement = Proper author, Proper accepts 2. Consideration = For something of legal value ( I agreed to pay 10K to paint appa...

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CONTRACT LAW REVISION EXAM REVIEW QUESTIONS AND ANSWERS, GRADED A+/

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CONTRACT LAW REVISION EXAM REVIEW QUESTIONS AND ANSWERS, GRADED A+/ What is an Offer? - -An offer is a clear statement of terms upon whichh a person wishes to be bound by. This can be orally or in writing. Thornton v Shoe Lane Parking - -Offer made clearly by the ticket machine as price for ...

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CONTRACT LAW QUESTIONS & ANSWERS. 100% ACCURATE, VERIFIED.

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CONTRACT LAW QUESTIONS & ANSWERS. 100% ACCURATE, VERIFIED. What are the three elements of a contract - -1. An agreement freely made (offer and acceptance) 2. An intention to be legally binding 3. Consideration When can an offer be withdrawn by the offeror? - -Anytime prior to acceptance (re...

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CONTRACT LAW EXAM REVIEW QUESTIONS AND ANSWERS, GRADED A+/ VERIFIED.

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CONTRACT LAW EXAM REVIEW QUESTIONS AND ANSWERS, GRADED A+/ VERIFIED. Acceptance An affirmative response to an offer; a communication from the offeree saying, in effect, yes to an offer made to them by the offeror ACL The Australian Consumer Law. Australia's main consumer protection statute, ...

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CONTRACT LAW EXAM REVIEW QUESTIONS AND ANSWERS, GRADED A+/

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CONTRACT LAW EXAM REVIEW QUESTIONS AND ANSWERS, GRADED A+/ What are the basic functions of the law of contract? 1) To promote certainty = contractual promises honoured allows for a process of remedy if contract is broken 2) To facilitate planning = being able to plan in the future with expecta...

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CONTRACT LAW EXAM REVIEW QUESTIONS AND ANSWERS, GRADED A+/

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CONTRACT LAW EXAM REVIEW QUESTIONS AND ANSWERS, GRADED A+/ Contract Law - -Contract law, which governs the issuance of insurance policies, is concerned with the obligations agreed upon between parties and stipulated in a contract. Contract law ensures that a contract is legally valid and that ...

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CONTRACT LAW EXAM REVIEW QUESTIONS AND ANSWERS, GRADED A+/ VERIFIED+

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CONTRACT LAW EXAM REVIEW QUESTIONS AND ANSWERS, GRADED A+/ VERIFIED+ A contract in which both parties make promises is known as ___________ - -Bilateral contract A contract in which one party makes a promise in exchange for an act is known as ___________ - -Unilateral contract A contract sta...

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CONTRACT LAW BASICS EXAM REVIEW QUESTIONS AND ANSWERS, GRADED A+/

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CONTRACT LAW BASICS EXAM REVIEW QUESTIONS AND ANSWERS, GRADED A+/ Rescission - -Cancelling or terminating a contract, with the effect of returning the parties to their original positions before the contract was made Performance of a contract - -When all contract terms and conditions have been ...

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