Basic Elements of a ContractThe basic elements of a contract allow an balance (i ) consisting of an mountain pass and acceptance (ii ) made voluntarily (iii ) entered into by persons with capacity to contract (iv ) supported by a effectual status and (v ) covering an object that is legal (Chapter 8 consequently an agreement is an essential element of a contract . in the lead a contract can be entered into there mustiness be a `consensus ad idem meaning a contact of the minds of the parties involved . The agreement consist of two elements one an offer from one party to perform something and the acceptance of the offer by the other party . There must also be an intention to enter into an agreement . There should not be any compulsion on both the sides either to contact an offer or to accept it . The agreement should evolve voluntarily with the free mind of the parties .
The law requires that there should be a sufficient condition for entering into the contract . However the consideration should be made presently as past consideration is not considered for making a contract legally book binding . Above all the contract cannot cover an object that is illegalStages of talks and Areas of ConcernNegotiation represents a process of two individuals or groups reaching an agreement jointly evolved about different needs or objectives consort to Oliver (1996 ) negotiation is a process in which negotiators jointly trenchant a multidimensional space and then agreeing to a bingle point in the space Stages in a...If you want to she-bop a full essay, order it on our website: Ordercustompaper.com
If you want to get a full essay, wisit our page: write my paper
No comments:
Post a Comment