Requirements to Form a Contract Flashcards

1
Q

A traditional enforceable contact is formed when there is ….?

A
  1. Mutual assent ( a valid offer + valid acceptance of that offer);
  2. Consideration; AND
  3. No defenses to formation that would invalidate the otherwise valid contract.
How well did you know this?
1
Not at all
2
3
4
5
Perfectly