Principles of Contract Law
Title: Principles of Contract Law
Category: /Law & Government/Government & Politics
Details: Words: 2535 | Pages: 9 (approximately 235 words/page)
Principles of Contract Law
Category: /Law & Government/Government & Politics
Details: Words: 2535 | Pages: 9 (approximately 235 words/page)
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…showed last 75 words of 2535 total…illegal enterprise, despite the existence of consensus ad-idem.
CONCLUSION
With the forgoing one must agree that the existence of consensus ad-idem evidence by offer and acceptance is very vital for the existence of a contract. However, the enforceability of a contract depends heavily on consideration and on issues like complying with legal formalities, contractual capacity, intention to create legal relationship. However the most important is legality of the subject matter and consideration of the contract.