Bmgt 380 contracts - Study guides, Class notes & Summaries

Requirements of an offer - ️️First, they look for some objective indication of a present intent to contract on the part of the offeror. Second, they look for specificity, or definiteness, in the terms of the alleged offer. Third, they look to see whether the alleged offer has been communicated to the offeree. Freedo elements of a contract - ️️made up of an offer and an acceptance of that offer. In addition, there usually must be consideration to support each party's promise. The...