A contract is a written, spoken or tacit (understood) agreement between two or more people, which is intended to be enforceable by law. Name FIVE elements of a contract that you should include for your business.
A contract is a written, spoken or tacit (understood) agreement between two or more people, which is intended to be enforceable by law. Name FIVE elements of a contract that you should include for your business.
Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
Section: Chapter Questions
Problem 1CE
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3. A contract is a written, spoken or tacit (understood) agreement
between two or more people, which is intended to be enforceable by
law. Name FIVE elements of a contract that you should include for your
business.
Expert Solution
Introduction
Agreements refer to the act of agreeing to something. An agreement refers to a promise or set of promises forming the consideration for each other. An agreement includes an offer and acceptance. For an agreement, there must be an offer made by one person and there must be an acceptance by the other person.
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