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Law of Contract (Forms of Contract (Oral, By conduct, In writing,…
Law of Contract
Elements of Contract
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1. Offer
Where offeror communicates willingness to offeree to enter into a contract and be legaally bound by it
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General Rules
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Made to one, a group or the world at large
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4. Consideration
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If no consideration, Contract no Binding
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Contract is an agreement which is enforceable by law between two or more persons for some purpose, their intention being to create a legally binding contract
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