Essential Concepts of Contracts
Flashcard
•
English
•
University
•
Hard
Anh Nguyễn
FREE Resource
Student preview
30 questions
Show all answers
1.
FLASHCARD QUESTION
Front
Definition of Contract
Back
Legally binding agreement
2.
FLASHCARD QUESTION
Front
Offer
Back
Proposal to enter a contract
3.
FLASHCARD QUESTION
Front
Acceptance
Back
Agreement to the offer
4.
FLASHCARD QUESTION
Front
Consideration
Back
Value exchanged in a contract
5.
FLASHCARD QUESTION
Front
Capacity
Back
Legal ability to enter a contract
6.
FLASHCARD QUESTION
Front
Legality
Back
Lawful purpose of a contract
7.
FLASHCARD QUESTION
Front
Mutual Assent
Back
Meeting of the minds
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