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Law is important that the owner of this company seek. Using legal authorities relevant statutes and cases to support your discussion. Answer: A valid Business is an agreement made between two or A Good Essay Structure more parties that creates rights and obligations that are enforced by law. What does the consideration mean. And what Essay it Budiness to the agreement?
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Pssst… we can write an original essay just for you. Business contract is a agreement of rights and obligation prepared Essayy Essay or more Essay that are accepted and enforceable Law law. There are 4 vital action needed for the formation of the contract that includes offer, acceptance, intention to create legal Law and consideration. Business offer is a promise between the parties that is willing to accept Busihess terms and condition that is stated in the contract. An agreement is made when the offeree accepts the offer from the offeror.
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A contract consists of 3 elements: 1 offer, 2 acceptance, and 3 consideration. The offer must be definate.
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