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2 Written questions

2 Multiple choice questions


  1. There must be a serious, definite offer to contract. The terms of the offer must be accepted by the party whom it was communicated.

  2. some agreements must be placed in writing to be fully enforceable in court

2 True/False questions

  1. legality
    What the parties agree to must be legal. So an agreement to pay someone to commit a crime or tort cannot be a contact.

          

  2. consideration
    The agreement must involve both sides receiving something of legal value as a result of the transaction.

          

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