DNgo_CriminalLawEssay_Unit6.doc.docx LS311-01 Business Law Unit 6 Assignment Purdue

Document Content and Description Below

DNgo_CriminalLawEssay_Unit6.doc.docx LS311-01 Business Law Unit 6 Assignment Purdue Global University Elements of a Valid Contract DATE: 5/30/2020 TO: Attorney P. Strami FROM: RE: Contract... /Agreement among Camille and Sonya Intro: Contracts are a legal bond between two parties that state what desired between each group. A contract must have four elements to show that contact exists: offer, consideration, acceptance, and mutuality. Camille and Sonya agreed to work together to create 500 hot pink and black machine knitted sweaters and matching hat. Both parties agreed to the terms, Sonya accepted, and 25% down payment as consideration and Sonya completed the production and honored the contract. Was there a contract between Sonya and Camille: There are elements of a contract between Sonya and Camille. First, it is the offer where Camille presented Sonya with her order to sew a limited number (500) of hot pink and black machine knitted sweaters with a matching knit hat. Camille states that she would produce five hundred hot pink and black sweaters with matching hats for one hundred dollars a pair. An offer is a promise or commitment to perform or refrain from performing some specified act in the future (Miller, 2013). Secondly, it is acceptance where both parties accepted the term with Candie Cardiegan's signature, a number to match on its sweaters and hats. Both parties accept the term and prices. Third, it is a consideration where Sonya and Camille agreed 25% down payment and used type of yarn an. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . .. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . .. .. . . . . . . . . . . . . . . . . . .. . . . . [Show More]

Last updated: 1 year ago

Preview 1 out of 5 pages