This document summarizes key elements of contract law in 3 points:
1) Essential elements of a valid contract include offer, acceptance, lawful subject matter, consideration, capacity of the parties, consent, and certainty of terms.
2) For a contract to be enforceable by law, there must be a lawful intent to create a legal relationship between the parties when entering into the agreement.
3) A contract can be made orally, in writing, or implied by conduct as long as there is valid offer, acceptance, and consideration between competent parties.
This document summarizes key elements of contract law in 3 points:
1) Essential elements of a valid contract include offer, acceptance, lawful subject matter, consideration, capacity of the parties, consent, and certainty of terms.
2) For a contract to be enforceable by law, there must be a lawful intent to create a legal relationship between the parties when entering into the agreement.
3) A contract can be made orally, in writing, or implied by conduct as long as there is valid offer, acceptance, and consideration between competent parties.
This document summarizes key elements of contract law in 3 points:
1) Essential elements of a valid contract include offer, acceptance, lawful subject matter, consideration, capacity of the parties, consent, and certainty of terms.
2) For a contract to be enforceable by law, there must be a lawful intent to create a legal relationship between the parties when entering into the agreement.
3) A contract can be made orally, in writing, or implied by conduct as long as there is valid offer, acceptance, and consideration between competent parties.
This document summarizes key elements of contract law in 3 points:
1) Essential elements of a valid contract include offer, acceptance, lawful subject matter, consideration, capacity of the parties, consent, and certainty of terms.
2) For a contract to be enforceable by law, there must be a lawful intent to create a legal relationship between the parties when entering into the agreement.
3) A contract can be made orally, in writing, or implied by conduct as long as there is valid offer, acceptance, and consideration between competent parties.
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