Four elements necessary to form a contract
Question 1. What are the four elements necessary to form a contract?Question 2. What is the impact of legal capacity on any of the three elements?Question 3. How can a deficiency in legal capacity related to contract formation be corrected?
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Steve finally tells Walter what he wants to know. Walter then lets Steve go home. Has Walter committed any torts? Distinguish how tort law is different from other areas of law.
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How can anyone judge whether or not there is consideration if you are outside of the transaction? (This is a very tricky part of contract litigation, because apart from actions, how do you prove how someone feels about something?)
Question 1. What are the four elements necessary to form a contract? Question 2. What is the impact of legal capacity on any of the three elements?
Question: Please describe in some detail the four elements necessary to form a contract below: 1. Agreement 2. Consideration 3. Contractual capacity 4. Lawful object
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Examples of these illegal, covert agreements include the 1993 collusion between dairy companies convicted of rigging bids for milk products sold to schools and, in 1996, American agribusiness Archer Daniels Midland, three Japanese firms, and a Sou
1) Compare the proposed resolution of the civil aspects of the situation with the criminal acts resolution.
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