BUS 206 Project Three – Contract Law
Southern New Hampshire University
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BUS 206 Project Three – Contract Law Joseph R. Devine, Jr. Southern New Hampshire University Professor Shaun M. Koenig April 18, 2021
- Exam (elaborations) • 6 pages • 2021
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Bus 206 Project Three – Contract Law 2 
There are four elements to a contract: offer, acceptance, consideration, and 
capacity. The four elements must be present for a valid contract to exist (Martella, 
2013). 
The first step towards a contract is the offer. Typically, a party offers to 
perform a service, sell a product, trade, or conduct other business ventures. An 
offer is valid when it is severe and not revoked. We can't be said in jest, or the 
offeror cannot withdraw the offer. Second...
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