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Essay

Contracts

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Issue:

Business

 

Written by:

Joseph H

 

Date added:

May 4, 2014

 

Level:

University

 

Grade:

A

 

No of pages / words:

4 / 1094

 

Was viewed:

3539 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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An offer contains a promise (for example, "I will pay $1,000") and a request for something in return (a person's car). 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...
displayed 300 characters

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