contract law Flashcards

1
Q

elements of contract law

A
  1. intention to create legal relations
  2. agreement between the parties (offer + acceptance)
  3. consideration- items exchanged must be clear and specific to both parties
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2
Q

contract law

A

legally binding agreements

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3
Q

capacity

A

ability that a person has to be legally capable of entering into a contract and properly understand their obligations under a contract

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