Spm4723 legal issues - Study guides, Class notes & Summaries
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SPM4723 - Legal Issues in Sport Exam III (Answered) Complete Verified Solution
- Exam (elaborations) • 8 pages • 2023
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SPM4723 - Legal Issues in Sport Exam III (Answered) Complete Verified Solution 
 
Contract 
A legally enforceable agreement or promise between two or more parties that creates an obligation to do or not do a particular action. 
What is contract law based in? 
Common Law. 
What does the Uniform Commercial Code (UCC) do? 
Governs commercial codes and contracts. 
What are the parts of a contract? 
Offer, Acceptance, Consideration. 
The Offer 
A conditional promise made by one party to another. 
Bil...
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SPM4723 - Legal Issues in Sport Exam III (Answered) Complete Verified Solution
- Exam (elaborations) • 8 pages • 2023
-
- $9.49
- + learn more
SPM4723 - Legal Issues in Sport Exam III (Answered) Complete Verified Solution 
 
Contract 
A legally enforceable agreement or promise between two or more parties that creates an obligation to do or not do a particular action. 
What is contract law based in? 
Common Law. 
What does the Uniform Commercial Code (UCC) do? 
Governs commercial codes and contracts. 
What are the parts of a contract? 
Offer, Acceptance, Consideration. 
The Offer 
A conditional promise made by one party to another. 
Bil...
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