Busi 301 chapter 6 - Study guides, Class notes & Summaries

BUSI 301 Chapter 6 questions correctly answeredA Contract... - correct answer is more than an agreement between two or more parties. Contracts are enforced agreements between the parties. One generally accepted definition of a contract is a promise or a set of promises enforceable by law. The necessary elements of a contract: - correct answer 1. Mutual Assent 2. Capacity to contract 3. Consideration 4. Legal purpose Mutual Assent - correct answer There must be an offer and agreement bet...

BUSI 301 Chapter 6 questions with complete solutionsA Contract... - correct answer is more than an agreement between two or more parties. Contracts are enforced agreements between the parties. One generally accepted definition of a contract is a promise or a set of promises enforceable by law. The necessary elements of a contract: - correct answer 1. Mutual Assent 2. Capacity to contract 3. Consideration 4. Legal purpose Mutual Assent - correct answer There must be an offer and agreemen...

BUSI 301 Chapter 6 Liberty University - Questions with complete solution BUSI 301 Chapter 6 A Contract... - correct answer is more than an agreement between two or more parties. Contracts are enforced agreements between the parties. One generally accepted definition of a contract is a promise or a set of promises enforceable by law. The necessary elements of a contract: - correct answer 1. Mutual Assent 2. Capacity to contract 3. Consideration 4. Legal purpose Mutual Assent - corr...

BUSI 301 Chapter 6 Final Exam Questions 2024. A Contract... - CORRECT ANSWER is more than an agreement between two or more parties. Contracts are enforced agreements between the parties. One generally accepted definition of a contract is a promise or a set of promises enforceable by law. The necessary elements of a contract: - CORRECT ANSWER 1. Mutual Assent 2. Capacity to contract 3. Consideration 4. Legal purpose Mutual Assent - CORRECT ANSWER There must be an offer and agreement...

BUSI 301 - Exam 2 Study Guide. / BUSI 301 - Exam 2 Study Guide. zxzBUSI 301 Test 2 Study Guide Chapter 6 Overview and Language of Contracts  Contract: an enforceable agreement between two or more parties; a promise or set of promises enforceable by law; an agreement that a court of law will recognize and enforce; defines circumstances that excuse parties from their obligations  Elements of a contract o Mutual Assent: offer and agreement o Capacity to contract: proper age and me...