BUS 206 Project Three – Contract Law
Southern New Hampshire University
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BUS 206 Project Three – Contract Law Joseph R. Devine, Jr. Southern New Hampshire University Professor Shaun M. Koenig April 18, 2021
- Exam (elaborations) • 6 pages • 2021
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Bus 206 Project Three – Contract Law 2
There are four elements to a contract: offer, acceptance, consideration, and
capacity. The four elements must be present for a valid contract to exist (Martella,
2013).
The first step towards a contract is the offer. Typically, a party offers to
perform a service, sell a product, trade, or conduct other business ventures. An
offer is valid when it is severe and not revoked. We can't be said in jest, or the
offeror cannot withdraw the offer. Second...
Exam (elaborations)
BUS 206 Project Three – Contract Law Joseph R. Devine, Jr. Southern New Hampshire University Professor Shaun M. Koenig April 18, 2021
Last document update:
ago
Bus 206 Project Three – Contract Law 2 There are four elements to a contract: offer, acceptance, consideration, and capacity. The four elements must be present for a valid contract to exist (Martella, 2013). The first step towards a contract is the offer. Typically, a party offers to perform a service, sell a product, trade, or conduct other business ventures. An offer is valid when it is severe and not revoked. We can't be said in jest, or the offeror cannot withdraw the offer. Second...
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