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Essay

CONTRACTS

Essay specific features

 

Issue:

Business

 

Written by:

Linda D

 

Date added:

May 19, 2015

 

Level:

University

 

Grade:

A

 

No of pages / words:

4 / 1080

 

Was viewed:

4530 times

 

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Essay content:

Sometimes, however, a party that breaks a contract may be persuaded to make an out-of-court settlement, thus saving the expense of legal proceedings. A contract arises when an offer to make a contract is accepted. An offer contains a promise (for example, "I will pay $1,000") and a request for something in return (a person's car)...
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The acceptance consists of an assent by the party to whom the offer is made, showing that the person agrees to the terms offered. The offer may be terminated in a number of ways. For example, the party making the offer may cancel it (a revocation), or the party to whom the offer is made may reject it...
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