business law Business Law BA 434 SE Midterm Exam 2001 Spring Term Question uncomparable: Jims promise is non enforceable under the go law. A contract consists of 3 elements: 1) endure, 2) acceptance, and 3) consideration. The offer must(prenominal)iness be definate. It must have 1) subject, 2) price, 3) offeree, 4) quantity, and 5) time for performance and it must be communicated to the offeree. Applying the elements of a contract to the facts before us, the contract began when Jim offered Pam a place to live. He basically express that all she needed to do was to get by and see him. By accepting Jims offer, Pam traveled to see Jim, gum olibanum completing the contract.
< br/> However, Pam assumes that in Jims consideration, he will salary for her incurred expenses as long as she visits him. Jim is not bound to the contract because the offer was not definate. Yes, Jim offered Pam, the offeree, a place to stay, however, he did not stated when the act could be performed nor did he state exactly what "providing a ...If you want to get a full essay, ball club it on our website:
OrderEssay.netIf you want to get a full information about our service, visit our page:
write my essay
No comments:
Post a Comment