Discuss the rules regarding contingent contract.
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A: Below is the solution:-
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Discuss the rules regarding contingent contract.

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- What are the terms used for the parties involved in the offers and negotiations leading up to the final contract? offeree and counteror offeror and recipient offeror and counteror offeror and offereeWhat are the elements of a contract? Explain who the parties of a contract might be.Provide the legal definition of a contract.
- What are assignments of contracts and what rights and obligations do they confer?WHAT IS THE MEANING OF THE OBJECTIVE THEORY OF CONTRACTS AND HOW DOES THE OBJECTIVE THEORY OF CONTRACTS RELATE TO CONTRACTUAL INTENT?Explain the concept of contract law. What are the essential elements of a contract, and what types of contracts are enforceable? What remedies are available for breach of contract, and what steps can a business take to minimize its liability for breach of contract?
- Identify FOUR (4) ways to terminate a contract, esplain it briefly and include examplesDiscuss the relevance and importance of a contractual relationship. Identify the various types of contracts that are required to be in writing.PLEASE WRITE AN EXAMPLE OF A VOID CONTRACT (ANYTHING THAT IS VOID). IT SHOULD BE A ONE PAGE CONTRACT.