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Essay

Contract Law

Essay specific features

 

Issue:

Miscellaneous

 

Written by:

Christine H

 

Date added:

January 18, 2017

 

Level:

University

 

Grade:

B

 

No of pages / words:

4 / 891

 

Was viewed:

393 times

 

Rating of current essay:

 
Essay content:

In turn, the party or parties receiving the offer must have given consent to the terms in a fashion determined by the objective theory of contracts. (Cheeseman, p. 185) b. Consideration: The consideration in a contract refers to something of legal value being negotiated for in exchange for goods or services...
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Something of legal value supporting the contract means the one accepting the offer incurs a legal loss or the one making the offer experiences a legal gain. (Cheeseman, p.195) c. Contractual capacity: This requirement to a valid contract ensures that the parties entering into the contract are fully capable of reasonably understanding all aspects of the contract...
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