Exam (elaborations)
CONTRACT LAW QUESTIONS & ANSWERS. 100% ACCURATE, VERIFIED.
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CONTRACT LAW QUESTIONS & ANSWERS. 100% ACCURATE, VERIFIED. What are the three elements of a contract - -1. An agreement freely made (offer and acceptance) 2. An intention to be legally binding 3. Consideration When can an offer be withdrawn by the offeror? - -Anytime prior to acceptance (revocation of offer) Can the offeror waive the right to be communicated regarding the acceptance of an offer? - -Yes What does the postage rule state regarding time of acceptance and when is it employed? - -The offer is accepted at the time of posta
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CONTRACT LAW
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CONTRACT LAW
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- CONTRACT LAW
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- June 7, 2024
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