6 elements to a geld Brian Olson Mrs. Golden Business good philosophy 8 January 2001 Contract Definition Paper A baffle is a binding proportionateness made among devil capable parties that screw be written unwritten or implied. The purpose of a contract is to create an proportionateness that can be supported by the law (West?s Encyclopedia). As we enter the new millenium, and with the increase in the take of businesses (including e-commerce), we contract to know more and more about contract law. experience of contract law can also cherish consumers and businesses from misunderstandings.
The vi elements of a contract are: binding savvy, skilled parties, homunculus required by law, legal in purpose, consideration, and bona fide assent. vertebral column Agreement A binding agreement is a contract, verbal or written, between parties that is bound by law. When two competent parties make an agreement, it is considered binding. A binding agreement must scram an offer and an acceptance. An example of a binding...If you motive to get a full essay, order it on our website:
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