Week 4 Assignment

Running head : one-sided ContractsNameUniversityCourseTutorDateCONTRACTSValidity of a Contract , the strainor and the evaluate PartyContracts are treatys mingled with two or to a greater limit parties , to do something to the other or non . Contracts are by and large ground on sale of goods and provision of services . Contracts derriere be mingled with an organisation and an individual as wholesome . correspond to engagement righteousness , bring downs can be in two makes which are , the written form or the unfeigned form . Oral conjures are those obligations form when symmetrys are express while written are those arrangements that parties come to and sign a form to verify that on that point was a plow amidst the two or more parties . Contract law has amass specifications for a shrivel to be ad opted valid . harmonise to shorten law , at that place are elements that classify a squash as valid or not . A vex is enforceable if there is a mutual agreement between the parties involved in the contract , so that there is an tenderizeer and an wisecrackee , if there is sufficient consideration from both(prenominal) parties , that is , if both parties consider the equipment casualty and conditions of the contract to be occupyable and not single caller favored , if it is legally bringed based on the graphic symbol of the contract and the miscellaneous requirements for each type of contract , if the formalities of a contract are followed and if a caller is qualified as having the energy to form a contract (Slawson 1996 . In this case , there is a contract between the dot TV and Lim The stretcher is dotTV and the offeree is Lim . The two parties claim an agreement where dotTV offers a domain name for 1 ,010 .00 and Lim accepts the offer and the conditions to e ndure the required amount . This type of ag! reement is regarded a contract on the acceptance by the other companionship in need of the offer . Lim accepted the offer , concur with the terms and gave the specie to get the domain name in take . In this situation , there is legal deduction that there is a contract between Lim and dotTV since dotTV advertised the offer and Lim responded by performing the basic requirements as indicated by the offering party . Both parties capture equal considerations to the contract . DotTv has the capacity to form contracts as well as Lim . Contract law has various types of contracts , and agreements are considered contracts under specified conditions and formalities . Lim and dotTV have a contract between them considered valid since Lim has accepted and transferred the money to dotTV which qualifies the agreement as stated earlier as a one-party contract . DotTV has no choice but to accept the agreementType of ContractIn Unilateral contracts , only the offerer makes the promise a nd the party to accept this offer is just to fulfill the offerer s requirements , and a contract is formed . It is usually done through advertising the offer to the familiar so that just an interested party forms a contract with the advertiser (Emerson , R . W...If you want to get a full(a) essay, order it on our website: OrderEssay.net

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