How can a party's conduct or behavior give rise to an implied contract?
Q: Every transaction in business creates a contract (agreement) between the parties. To determine…
A: A contract is an arrangement that establishes a legal obligation or liability between two or more…
Q: Explain the dangers of entering into a contract with someone who is under 19 years old where you are…
A: Note: The answer has been framed in a generalized manner.A contract serves as a binding legal…
Q: What is contract? Discuss the essential of a valid contract?
A: Contracts are an integral part of business and personal transactions, as they provide a legally…
Q: What is a contract law, specifically focusing on offer and acceptance?
A: A contract is a legally enforceable agreement between two or more parties where each assumes a legal…
Q: Under what circumstances will the common law recognize and enforce oral contracts for the sale or…
A: Contracts, which are agreements between parties that establish legally binding obligations, are the…
Q: Discuss the six main remedies of breach of contract in business law
A: Change order correctly minimizes the risk, improves its chances of approval, and also helps get…
Q: What is the difference between a contract and a verbal agreement? How do you ensure that a contract…
A: A contract is a legally binding agreement between two or more parties that outlines the rights and…
Q: Can schools or colleges be liable for breach of contract?
A: Introduction: Breach of contract means not delivering properly as per the given promises. A contract…
Q: e duties discharged by a party under a c
A: Contract: a composed or spoken understanding, particularly one concerning work, deals, or tenure,…
Q: What are some of the advantages of creating contingency contracts? What are some of the…
A: Below is the solution:-
Q: Let's say that the owner of a home says "come over next Wednesday to mow my lawn and every week…
A: A contract is an agreement between two parties having a valid offer and acceptance and must be…
Q: What are the key elements of a valid contract, and what remedies are available for breach of…
A: A valid contract is a legally binding agreement that involves the mutual exchange of promises or…
Q: Is it better to have a single set of rules for all types of contracts, or does it make sense to have…
A: Mutually recognized and agreed-upon legal arrangements between two or more parties are known as…
Q: What are the potential risks and liabilities associated with breaching a contract, and how can…
A: Contracts are legally binding agreements between two or more parties, which specify the terms and…
Q: Analyze the circumstances in which a contract of service may be broken by either party of an…
A: In the realm of employment relationships, the termination of a contract of service can occur for…
Q: True or False If a contract is fully performed by all parties to it, then it is presumed to have…
A: A legally enforceable agreement that specifies the terms and circumstances of a relationship between…
Q: What are the main elements of a valid contract and how do they contribute to the enforceability of a…
A: A legitimate contract under corporate law often involves many fundamental elements. These factors…
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- What are the key elements of a valid and enforceable contract, and what remedies are available in case of contract breaches?1) summarizing whether you believe that contracts are promises 2) Analysis whether and why contracts and promises should be treated the same or differently 3) in your analysis, consider the potential economic, legal and moral consequences of your answer.What are the elements of a contract? Explain who the parties of a contract might be.
- What is the main difference between contracts discharged due to operation of law and contracts discharged due to acts of the parties? Discharge due to acts of the parties never requires court intervention, whereas discharge due to operation of law always does. Discharge due to operation of law reflects at least one party's intent, whereas discharge due to acts of the parties doesn't necessarily reflect either party's intent. Discharge due to acts of the parties is legally binding, whereas discharge due to operation of law is not. Discharge due to operation of law doesn't necessarily reflect either party's intent, whereas discharge due to acts of the parties reflects at least one party's intent. 11 XIR Submit > 17What are assignments of contracts and what rights and obligations do they confer?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?
- What are the essential elements of a valid contract under business law, and how do they contribute to the enforceability of the contract?You've read about the statute of frauds and how it requires certain agreements to be in writing (remember the acronym MYLEGS). Thinking about all contracts, do you think that all contracts should be in writing? Or do you think this would hinder or slow down transactions? Please discuss your thoughts on these questions while keeping in mind the purpose behind the statute of frauds.What is the legal definition of a contract and what elements are necessary for a contract to be valid and enforceable?
- Discuss why the concepts of contractual impossibility and frustration of purpose exist. Include an examination of how these concepts help ensure fairness to all parties. Also, what are the drawbacks to these concepts?Have you ever agreed to a waiver of liability and assumption of risk? If so, what was the context? Was it express or implied? Considering what you know about exculpatory clauses and assumption of risk, do you think it was appropriate (given the context)? Was it necessary?