P2 1 Apply The Elements Of Contract In A Given Business Scenarios

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    Elements of a Contract

    |Elements of a Contract | | | |Apple’s Contract | | | |11/18/2012

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    Elements of a Contract

    Essential Elements of a Contract A contract means a promise enforceable by law. Two or more parties are usually involved in a contract and can seek justice in the court if one party defaults by failing to execute their side of the bargain. Contracts make it possible for people to enter into agreements knowing that justice will prevail. Contracts are vital in everyday life and business since organizations and individuals now have the confidence to transact business with each other knowing that

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    Aspects of Contract and Negligence for Business

    Aspects of Contract and Negligence for Business *Unit abstract:- Introduction to the law of contract, with a particular emphasis on the formation and operation of business contract. Business contract shall be defined within the context of law of contract and business law . The former is

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    Elements of Contract

    Elements of an Employment Contract Deidra Lynn McIntosh BUS 670 Leah Westerman April 22, 2013 In today’s economy, most people are so happy when they get a job they sometimes overlook the paperwork they’re signing and don’t actually read the fine print. You may think you’re signing a contract, but really you’re accepting a job with a specific title, job description, stipulations and salary. The economy is structured on the freedom to draw up a contract with a system of laws that can be enforced

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    Essential Elements of Valid Contract

    Essential Elements for Valid Contracts By: M.H.M.Rishardh MBA, BBA (Hons), FCMI (UK), MCIM (UK), Member of AMA (USA). MSLIM, MIM (SL) BCAS Qatar Learning Outcome: On successful completion of this topic you must be able to * Understand the essential elements of a valid contract in Business Context Contracts that meet all legal requirements are valid and enforceable, which means that either party can hold the other party responsible for his or her agreement. 1. Offer and Acceptance

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    Business Contract

    INTERNATIONAL SUPPLY AGREEMENT Preamble This SUPPLY AGREEMENT (herein after the “Contract”) is entered into as of April 30, 2009, by and between the undersigned: BradiagaKrills Ltd ( hereinafter “ the Seller” or “Bradiaga”), a company organized under the laws of the Russian Federation, whose head office is located at ……………, Murmansk, Russian Federation, represented by Mr. ABC, acting as Chairman of Bradiaga. ON THE ONE HAND And: Blizzard Ltd (herein after “the Buyer” or “Blizzard”)

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    Elements of Business

    AIU online | Elements of Business | Unit 5 Individual Project | | Michelle Forbes | 2/10/2013 | The purpose of this paper is to analyze the organization, in this case Pilot Flying J LLC., and their basic legal, social and economic environment. We will also dive into their managerial, operational and financial issues taking us through a list of possible issues that might come up in a day to day working environment. | Pilot Flying J LLC,. Is a travel center whose main focus and costomer

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    Aspects of Contract and Negligence for Business

    ASPECTS OF CONTRACT AND NEGLIGENCE FOR BUSINESS Unit code 6 STUDENT NAME CALIN ZIMBRAN Student ID: p1002572 London 2013 Contents The essential elements of a valid contract in a business context 2 The impact of different types of contract 3 Terms in contracts 4 Elements of contract in given business scenarios 4 Law on terms in different contracts 5 Effect of different terms in given contracts 6 Liability in tort vs. contractual liability 6 Nature of liability in negligence

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    Elements to a Contract

    Elements of a Contract Business 670 Legal Environment Instructor:  January 21, 2013 Abstract This paper is a brief analysis of the elements of a contract using a hypothetical of an employment contract. Elements of a Contract The issue of whether or not a contract may be enforceable where an employee is hired under a two-year employment contract with Fabulous Hotel and the term is up with a clause in the original

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    Elements of a Contract

    explanation of the complexities of a contract by describing it as an exchange relationship that is established orally or in written form that is made between two or more individuals, contains at least one promise, and is recognized as a legally binding agreement (Blum, 2011). The focus of this written assignment examines the elements that must exist for a contract agreement to be considered enforceable by law. The assignment will examine the following contractual elements including: (a) offers, (b) acceptance

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    Elements of a Contract

    Elements of a Contract Sandee Jones Ashford University Business Law BUS670 Mr. Michael Huang December 16, 2013 Elements of a Contract Our entire economy is based on the freedom of individuals and businesses alike to form contracts, and a legal system of laws that enforces each to freely enter into. Most folk are used to seeing a contract in written form, and so most assume it must be lengthy, and in writing to be enforceable. This is not 100 percent true. However, there are five elements

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    Unit 1 - P1 P2

    P UNIT 1: BUSINESS ENVIROMENT p1&p2 | | | | | | P1 – a brief introduction of two contrasting businesses Tesco PLC (Public Limited Company) is a British multinational grocery general merchandise retailer. Tesco is the third-largest retailed in the world measured by its revenue. It is also the second largest measured by profits. Tesco has stores in 14 countries across Asia, North America and is the grocery market leader in the United Kingdom. Tesco have many aims and objectives

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    Aspects of Contract and Negligence for Business

    Aspects of Contract and Negligence for Business Aspects of Contract and Negligence for Business Table of Contents Introduction………………………………………………………………………………………4 Explain the importance of the essential elements require for the formation of a valid contract…………….5 Discuss the impact of different types of contract……………………………………………………………………………………5 Analyze terms in contracts with reference to their meaning and effect…………………………………………….…..6 Apply the elements of contract in given businesses

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    Aspect of Contract and Negligence for Business

    Introduction The purpose of this assignment is to present our knowledge of the laws of contract and the various legal principals arising in each case. Explaining and applying the 4 basic elements of a valid contract as well as other aspects of contract including capacity to enter a contract, the postal rules, contractual terms implied and express, relevant law relating to discharge of contract, remedies for breach of contract, types of damages recoverable and remoteness of damage. There are 3 different cases

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    Scenario 1

    Scenario 1 1.) What should Bryan do about the clock? Bryan should explain to his wife Nina what could happen if his boss found out about the clock. He should explain the ethics policy set in place at his job and that he could lose his job if word got back of them accepting the clock. Finally he should explain to her that he is looking out for the company’s reputation as well and wants to behave in an ethical manner. Stressing the fact that “ethical buyers do not accept outside gifts or favors that

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    Aspects of Contract and Negligence for Business

    UK COLLEGE BUSINESS AND COMPUTING Module Booklet Course: EDEXCEL BTEC Group: Ed excel HND Group Module: Unit 5 – Aspects of Contract and Negligence for Business Module type: Module Code: Y/601/0563 Module Credit: 15 Teaching Period: (12+3 weeks) QCF Level: 5 Contact Hours: (15*3.75 = 56.25) Lecturers: 12 weeks Revision Clinic: 1 week Feedback and assignment guidance: 2 weeks Lecturer: Mr. Dalton

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    Understand the Essential Elements of a Valid Contract in a Business Context

    The unit introduces the law of contract, with a particular emphasis on the formation and operation of business contracts. You are encouraged to explore the content of these agreements and then develop skills relating to the practical application of business contracts, including offer, acceptance, intention, consideration and capacity. As a newly appointed human resources officer for an organisation called SimoSito (a software development company), your line manager has asked you to prepare a

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    Aspects of Contract and Negligence for Business

    | |UK COLLEGE OF BUSINESS AND COMPUTING | |Course title |Unit number and title | |BTEC HND IN BUSINESS | Aspects of Contract and Negligence for Business

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    Unit 1 P2

    and encourages learners to apply these approaches to the study of health and social care. The value of psychological studies to the understanding of health and social care will also be examined. Learners will initially consider the meaning of the term ‘theories’ in the context of psychology, and will begin to appreciate the diversity of psychological theories as they progress through the unit. Learners will examine the principal psychological perspectives and then apply them to the health and social

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    Four Essentail Elements of a Contract

    Four Essential Elements of a Contract Offer There must be a definite, clearly stated offer for something. It does not include estimates, requests for proposals, letters of intent or expressions of interests. At times an offer will lapse. This happens when the time for acceptance expires, the offer is withdrawn before it is accepted or there is a reasonable time after in the circumstances after the life of the offer. Acceptance Only want can be accepted should be offered. This means that the

    Words: 585 - Pages: 3

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    Elements of a Contract

    Elements of a Contract Week 3 Assignment Bus: 670 Legal Environment Micah Blount Prof. Jennifer Stephens February 17, 2014 Introduction The goals of a contract are to ascertain the concord that the parties have prepared and to allot their privileges and responsibilities in accordance with that contract. The legal courts should implement a legitimate contract as it is created, unless there are basis that affect its enforcement. It is the purpose of the decree to promote the development

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    Aspects of Contract and Negligence in Business

    For a contract to be valid it must have the following characteristics: 1. Offer and acceptance A contract is formed when an offer by one party is accepted by the other party. An offer must be distinguished from mere willingness to deal or negotiate. For example, X offers to make and sell to Y calendars featuring Australian paintings. Before any agreement is reached on size, quality, style or price, Y decides not to continue. At this stage, there is no legally binding contract between X and Y because

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    Business Scenario

    A Business Scenario Regine Tribble 06/10/14 Bus/210 This is a past, present, and future business scenario. A few years ago I started doing my family hair in the basement of my house and the ones who could afford to pay would pay me between 10 and 20 dollars. So I got to thinking what if I just starting doing my friends and even their family’s hair I would really make some extra money. So I decided to become my own boss and that made me a sole proprietorship because I was doing all the work

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    Cost Club Scenario 1

    Hrm 546 Scenario One: Cost Club Cost Club is administratively organized into regions, and each region develops their own operational policies as long as the low cost bottom line and reasonable customer service is maintained (University of Phoenix, 2012). There are several routine human resources issues that need to be addressed in the workplace. The first issue involves potential wrongful discharges at the Anderson Cost Club store. The second issue is assisting the regional CEO in reducing employee

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    Business Contract Protocol

    Brandy Krectzburg 7/01/13 Business Contracts: Protocol, Laws & Ethicality There are various kinds of contracts which arise within our business world today; contracts are an essential component to business livelihood. Although a contract is an agreement, not all agreements are valid contractual obligations. In order for any contract to be an official and legally binding agreement, there are essential requirements which must first be fulfilled. Because contracts are vital to the organization

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    Aspects of Contract and Neglegence for Business

    the aspects of contract and negligence for business. There are agreements and contract in every business in recent than before. Verbal agreements are usually no longer used by the businesses. Written agreement in the form of contract is ore preferable to all. But, the profitability of contract is incomplete if the regulations and aspects are unknown. Well acknowledgement of contract in business provides a legal documentation securing the expectations of the parties involved. Contracts work as a safety

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    Unit 3 P2 Business

    P2 describe the main employability, personal and communication skills required when applying for a specific job role Costa, barista. Employability skills: Suitable qualifications; the suitable qualifications for the job role at Costa are basic qualifications. The candidate is required at least a C in English and maths. The job role is not to academically demanding as all training would be given at the job premises. The candidate must have simple ICT skills to work the till and also a suitable

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    Elements of a Contract

    Elements of a Contract BUS670 Legal Environment October 27, 2014   When talking in terms of a contract there are five elements that must exist in order for a contract to be enforceable. “The phrase enforceable by a court is significant because it means that a court can assess monetary damages against a party who does not comply with the terms of the agreement.” (Seaquist, 2012) The criteria that must be present in order to be enforceable are; offer, acceptance, consideration, capacity

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    Elements of a Contract

    Elements of a Contract Ika Michelle Webb ETH/321 October 24, 2014 Laurie Wicker Elements of a Contract It is often difficult to fully understand that status of a person’s mental capacity. There are times when mental faculties are easily identified as being non present, but other’s in such cases as early onset dementia or Alzheimer’s, that a person who is not overly familiar with the person with the mental defect, that they are unaware of any issues. In this instance, Jack was unaware of

    Words: 502 - Pages: 3

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    Elements of a Contract

    Elements of a Contract Name ETH/321 Date Instructor Elements of a Contract It is often difficult to fully understand that status of a person’s mental capacity. There are times when mental faculties are easily identified as being non present, but other’s in such cases as early onset dementia or Alzheimer’s, that a person who is not overly familiar with the person with the mental defect, that they are unaware of any issues. In this instance, Jack was unaware of the fact that the widow was

    Words: 497 - Pages: 2

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    Business P2

    P2 Product: First of all Hublot Company started the new promotional campaign where they are selling new product called ‘Dallas Cowboys’ watch collection. They have produced three different watches: Hublot Dallas Cowboys Classic Fusion watch in titanium (they are classier), Hublot Dallas Cowboys Classic Fusion in titanium and ceramic (for the ladies), Hublot Dallas Cowboys King Power in ceramic (these are sportier). They have produced only 150 pieces for their new promotion. Their quality I known

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    Elements of a Contract - Bus670 Legal Environment

    Elements of a Contract Nicole Castro BUS670 Legal Environment Prof. Robert Tocker September 2, 2013 A contract of employment is a type of a contract used in labor law to attribute rights and responsibilities between parties to a contract (Blum, 2007). On the one end stands an "employee" who is "employed" by an "employer". A written employment contract is a document that someone and their employee sign which sets forth the terms and conditions of the employment relationship (Tepper

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    Business Scenario

    Business Scenario Vikki Matamoros MGT/350 Critical Thinking February 14, 2011 Ken Rath Business Scenario Expanding operations into a foreign country requires careful planning and key decision making. Southwestern Cardiovascular Associates wants to extend the medical services it provides to the country of Kava. Facing natural disasters and other health concerns the doctors see an opportunity to open a clinic to aid Kava. This company will have to address several issues and obstacles before

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    Business L3 Unit 1 P2 M1 D1

    Stakeholder rank of importance | Business | | Costa coffee | The dogs trust | 1st | Customers – customers are the people who buy products/services from a business. Customers are interested in the business because they are the ones who use the products/service which it provides. I think the customers are the most important stakeholders for costa as without the customers they would make no money and the business would shut down. Therefore costa has to keep regular customers happy at all times so

    Words: 1954 - Pages: 8

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    Elements of a Contract

    ELEMENTS OF A CONTRACT AND ENFORCEABILITY UNDER COMMON LAW AND UNIVERSAL COMMERCIAL CODE (UCC) Student Name:  Michael Shepard Course Name and Number: Business 670: Legal Environment of Business Instructor:  Dr. Leah Westerman Submission Date:  April 20, 2015 Abstract This article will define the five elements needed to form an enforceable contract under common law and the Uniform Commercial Code (UCC). It will describe which types of contracts come under common law and under UCC.

    Words: 2736 - Pages: 11

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    Business Contracts

    American Intercontinental University Contracts BUS 310-1101B-10 Instructor Dunn Latonya Vereeen ABSTRACT In the following paper will discuss the four essential elements of a valid contract. Also included is the objective theory of a contract and how it applies to the scenario that was given. Furthermore, an explanation will be given why the court in the scenario held that there was not a valid agreement. In further discussion explains if advertisements are considered offers. Last but not

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    Aspects of Contract and Neligence

    | |Unit 7: Aspect of Contract and Negligence | |UNIT TITLE & CODE | | | | |STUDENT ID |CT/HNDBM/50 | |STUDENT NAME |

    Words: 2359 - Pages: 10

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    Business Scenario

    Business Scenario MGT 350 Business Scenario Business Scenario Kava is a small island country in the South Pacific. Kava has been plagued with unfortunate circumstances that have brought about one disaster after another. This is a country that is in dire need of some help and aid in the situation of getting the country cleaned up and on its way to recovery. The Island of Kava must over come many obstacles in order to improve the contiditon of there people. Certain events that have happen were

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    Elements of a Contract

    Elements of a Contract ETH/321 July 27, 2015 Professor A Contract A contract is defined as an agreement that creates obligations that are enforceable by law. Elements of a contract include mutual assent, consideration, legality and capacity (Legal Information Institute, 2015). Jack has to decide whether to engage an attorney. What would you advise? In this particular case I would advise Jack not to involve an attorney. The elderly lady that he entered into an agreement with is showing signs

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    Aspects of Contract and Negligence of Business

    Business Law Contract and negligence Done by: Name.............................................................................. College Id....................................................................... TABLE OF CONTENTS Question 1.1................................................................................page 3 Question 1.2.....................................................

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    Elements of a Contract

    Elements of a Contract BUS 670 August 25, 2015 Elements of a Contract Introduction A contract is a legal agreement between two entities that creates obligations by both parties that are enforceable by law. As Verkerke (2015) notes, individuals are often ill-informed of the legality of most common dealings in their lives. With a common ignorance of legal matters, it is essential that contracts contain the required elements to be legally binding and protect both parties involved. Additionally

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    Aspects of Contract & Negligence for Business

    INTERNATIONAL COLLEGE OF BUSINESS AND TECHNOLOGY BTEC HND DIPLOMA IN BUSINESS (MANAGEMENT & HUMAN RESOURCES) ASSIGNMENT COVER SHEET 2014 INTERNATIONAL COLLEGE OF BUSINESS AND TECHNOLOGY BTEC HND DIPLOMA IN BUSINESS (MANAGEMENT & HUMAN RESOURCES) ASSIGNMENT COVER SHEET 2014 UNIT TITLE & CODE | Y/601/0563_ Aspects of Contract and Negligence for Business | LEVEL | 5 | | | CREDITS | 15 | STUDENT NAME | | STUDENT ID | | ASSESSOR | Mr. H.M.K.Herath | IV by | Mr. Mafas Raheem

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    P2 Btec Business Assignment

    P2 - Influence on organisation by Stakeholders Stakeholders | John Lewis | Cystic Fibrosis Trust | Employees | Employees play an integral part and have a massive influence over John Lewis as both as an organisation in the public eye and as a business trying to gain profit. This is because if without employees you don’t have a company. So, John Lewis has to try its utmost hardest to keep all parties within their corporation happy. That means fair salary, holiday days, terms of sick pay etc. And

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    Btec Level 3 Business Unit 1 P1, P2, M1, D1

    for their personal use. They are a key stakeholder in some business’ as they are the primary source of their revenue. | A consumer would be interested in DFS, as they want them to produce high-quality, value-for-money products and the after-sales service in order to make any future sales. As they are the purchaser of the good, the business is essentially interested in the needs of the consumer. They can have a huge impact on the business as if they receive a poor quality product it would lead to

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    Aspects of Contract and Negligence for Business

    Scenario 2: Negligence and Vicarious Liability Problem Question (P3.1, P3.2, P3.3, P4.1, P4.2 and M3) Task description: Imagine that you are an In-House Lawyer (IHL) working for QuickFix. The Managing Director (MD) has asked you for written advice on whether the company has any liability in tort law towards Barbara and Clive. With this in mind please produce a report for the MD, which sets out the law relating to negligence and vicarious liability and how it applies to this scenario. Your report

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    Business P2

    parents because some parents are from different countries and English might not be their first English. The worker will need good listening skills so that they can easily deal with any problems the youth have. They will also need them when they are given instructions on what to do from their managers and when working with other staff members. A casual worker should speak proper English and be able to avoid slang. When writing emails or letters, they must practice good grammar and spelling. This makes

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    Business Unit 1 P1 + P2

    Assignment 1 – P1 The job that I have chosen for my assignment is the position for Temporary Business Manager in South Morningside Primary School. Job Advert – A job advert is the advertisement of recruitment for a job to attract suitable candidates/applicants for a job. The purpose of a job advert is to try and locate the perfect candidate or applicant for the job that has been advertised. An example of a job advert is shown below; the business I have chosen from the two adverts shown is the

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    Btec Business Level 3 Unit 1 Assignment 1 P1+P2

    The aim is to describe the different types of business organisation that operate in the UK. This will include a comparison between a Limited Company and a Charity in terms of their ownership, aims, economic sector and main stakeholders. For the report, I have chosen to investigate Sainsbury’s and RSPCA. Sainsbury’s Background information Sainsbury’s Supermarkets is the UK’s longest-standing major food retailing chain, having opened its first store in 1869. The Sainsbury’s brand is built upon

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    Business Btec Unit 1 P1, P2, M1 & D1

    Business Ownership P1 Organisation 1 – NHS The NHS is a national public sector health service maintained and paid for by the UK. The NHS was founded in 1948 in an attempt by the then heath secretary, Aneurin Bevan, to bring good healthcare to all. It was founded to provide affordable healthcare to the citizens of the UK who need it. Today the NHS has a very good reputation as it continues to provide good healthcare to those in need, they currently employ over 1.6 million government people to achieve

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    Elements of a Contract

    Elements of a Contract BUS 670: Legal Environment February 06, 2012 In a legal element of a contract, there are necessary to form binding contracts that are usually described in the following. These are an offer, an acceptance in strict compliance with the term of the offer, and legal purpose or objective. The example that is going to be use would be the steps to valid and enforceable real estate contract. In an offer

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