9 Questions
What is a key requirement for a valid proposal?
Intention to create legal relations
What would invalidate a proposal in contract law?
Presence of a counter-offer
What role does consideration play in a valid proposal?
It is not required for a valid proposal
In the context of contract law, which of the following is NOT a key requirement for a valid proposal?
Formal written documentation
What role does consideration play in a valid proposal under contract law?
It emphasizes the importance of mutual exchange of value
What would invalidate a proposal in contract law?
Absence of legal capacity of the parties
In the context of contract law, which of the following is NOT a key requirement for a valid proposal?
Acceptance by the offeree
What would invalidate a proposal in contract law?
Invalidation by the offeror
What role does consideration play in a valid proposal under contract law?
It provides a benefit or detriment to the offeree in exchange for the proposal
Test your knowledge of the essentials of a valid proposal in contract law. Learn about the key requirements, factors that can invalidate a proposal, and the role consideration plays in establishing a valid proposal.
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