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Questions and Answers
What are the four elements that the complaining party must prove to show that a contract existed?
What are the four elements that the complaining party must prove to show that a contract existed?
- Offer 2. Consideration 3. Acceptance 4. Legal capacity
What is the first question a judge must answer when a party files a suit claiming a breach of contract?
What is the first question a judge must answer when a party files a suit claiming a breach of contract?
Whether a contract existed between the parties.
Define 'offer' in the context of a contract.
Define 'offer' in the context of a contract.
One of the parties made a promise to do or refrain from doing some specified action in the future.
What is 'consideration' in a contract?
What is 'consideration' in a contract?
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How does consideration distinguish a contract from a gift?
How does consideration distinguish a contract from a gift?
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