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

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

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...