state and ecplain decided cases the elements of a simple contract?

this is was given to us from our instructor to practice a little about business law.

the IMPERATIVE: Use authority i.e. case law or statute or other where relevant.

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  • 10 years ago

    fA contract must have on OFFER next an ACCEPTANCE their must be CONSIDERATION

    THIS MEANS SOMETHING OF VALUE IS EXCHANGE AND A MEETING OF THE MINDS ,THAT MEANS THE TWO PARTIES BOTH UNDERSTAND THE SAME TERMS

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