Lenb test 4 - Study guides, Class notes & Summaries

LENB Test 4 contract ️legally enforceable set of promises 4 elements to a valid contract ️agreement, consideration, contractual capacity, legal object agreement ️made up of an offer made by offeror to enter a contract acceptance ️offeree accepts terms consideration ️bargained for exchange Contractual Capacity ️the legal ability to enter into a binding agreement legal object ️to be enforceable, the contract cannot be either illegal or against public policy contract l...

LENB Test 4 Questions and Answers (100% Pass) contract - Answer️️ -legally enforceable set of promises 4 elements to a valid contract - Answer️️ -agreement, consideration, contractual capacity, legal object agreement - Answer️️ -made up of an offer made by offeror to enter a contract acceptance - Answer️️ -offeree accepts terms consideration - Answer️️ -bargained for exchange Contractual Capacity - Answer️️ -the legal ability to enter into a binding agreement le...