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Four elemenys of a contract?
four elements of a contract are offer and acceptance, consideration, capacity to contract and intended to be legally binding. Before offer and accetance you must have agreement. Consideration is the money part altough in Australia it may be something of value even an act for an act,Capacity means simply that you can only have a contract with someone who ia of age, understands the implication of what they are doing, they are not disabled by language barriers or limited education or that they are being forced in some way.
What are the essential elements of a contract of insurance?
there are four elements of insurance contract... offer,acceptance,consideration...
What is the important difference between a mere agreement and a contract?
A contract is an agreement between parties that is legally enforceable. A simple "agreement" is an arrangement between the parties which may or may not contain the necessary elements to be enforceable before a court of law. In Simple Words: A Contract is enforceable by law while an Agreement is not enforceable by law. A valid contract must contain the ten valid elements which are: · Offer and Acceptance · Intention to Create Legal Relations · Lawful Consideration . Capacity of Parties · Free Consent . Lawful Object · Writing and Registration · Certainty · Possibility of Performance . Not Expressly Declared Void
What is meant by the statement 'acceptance must be made in reliance of the offer?
the four elements of the contract must be complete
Explain briefly the essential elements of a valid contract?
All agreements are contracts if they are madewith free consentof parties competent to contractfor a lawful object and lawful consideration; andare not expressly declared to be void
What are the four elements of Constitution?
four elements of the constitution
What are the four elements in data processing?
What are the four elements in data processing?
Four essential elements of obligation?
In legal terms, an 'obligation' binds someone to perform or 'do' a certain thing. (e.g.: a contract forms on obligation on the part of the buyer and the seller to perform in certain ways. A court order will obligate someone to do or act in specific fashion.)
When was The Four Elements of Architecture created?
The Four Elements of Architecture was created in 1851.
How do the four elements affect to each other?
The answer depends on which four elements the question is about.
Empedocles' four elements are?
The four elements of empedocles is fire, water, earth and air
What are four things you will find in an elements box?
The four elements you will find in an elements box are Water, Fire, Air, and Soil
