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2 cards from this section. Quick, good the night before a test.
Define 'offer' in contracts.
Think about what one party does to another before a contract is formed.
What is a void contract?
Consider contracts that involve illegal matters.
What is required for a valid contract?
Think about the essential elements covered.
True or False: A void contract can be enforced in a court of law.
Consider the nature of void contracts.
A company offers a contract to a supplier, but fails to include key payment terms. The supplier later seeks remuneration based on assumed terms. Analyze the legal implications.
Consider the role of clear terms in contract enforceability.
A contractor bids on a project but only references the lowest bid in submission, ignoring necessary specifications. What legal issues could arise?
Think about why specifications matter in contracts.
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