Basic Flashcards
(4 cards)
1
Q
What is a contract?
A
A contract is a legally binding agreement
2
Q
What are the requirements for a contract?
A
-Offer and Acceptance
-An intention to create legal relations
-Consideration
3
Q
What are the requirements for a contract?
A
-Offer and Acceptance
-An intention to create legal relations
-Consideration
4
Q
What is a contract?
A
A Contract is a legally binding agreement