LESSON OBJECTIVE
Assessment Criteria AC 1.1 Explain the importance of the essential elements required for the formation of a valid contract Below are questions pertaining to lesson 1. Please ensure to answer each question correctly. 1. What are the key elements of a valid contract. 2. What is an offer? 3. What is an invitation to treat? 4. How does the law treat advertisements, that is, are they regarded as offers or invitations to treat?
13 Comments
Chevon Murray
9/9/2016 04:56:37 pm
a)the elements of a valid contract includes
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Karneilia Fraser
9/9/2016 07:19:46 pm
The key elements of a valid contract according to (AIM,2016) are "Offer & acceptance,Intention to create legal relations, considerations,capacity and privity of a valid contract".
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Teneisha Kennedy
9/10/2016 05:28:40 pm
1. “The requisite elements that must be established to demonstrate the formation of a legally binding contract are (1) offer; (2) acceptance; (3) consideration; (4) mutuality of obligation; (5) competency and capacity; and, in certain circumstances, (6) a written instrument”.( contracts.uslegal.com 2016)
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Sandra Morrison-Berry
9/11/2016 03:00:08 pm
1. What are the key elements of a valid contract?
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Thya Rodney
9/11/2016 05:28:31 pm
1. Elements of a valid contract are offer; acceptance; consideration; mutuality of obligation; competency and capacity; and in certain circumstances, a written instrument. (Contracts.uslegal.com, 2016)
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Annalisa Wolfe-Forbes
9/11/2016 05:59:09 pm
UNIT 5: ASPECTS OF CONTRACTS AND NEGLIGENCE
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Annalisa Wolfe-Forbes
9/11/2016 07:56:13 pm
UNIT 2: MANAGING FINANCIAL RESOURCES AND DECISIONS
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Asha-lois Clarke
9/11/2016 08:17:34 pm
1. The key elements of a valid contract are, an offer, acceptance and consideration.
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shanique davis
9/11/2016 08:20:36 pm
1. * offer;
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Anita Baker
9/11/2016 08:39:46 pm
1) According to contracts.uslegal.com (1997) the key elements that must be established to be a legally binding contract are “(1) offer; (2) acceptance; (3) consideration; (4) mutuality of obligation; (5) competency and capacity; and, in certain circumstances, (6) a written instrument”.
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Tashana Wilson
12/1/2016 12:13:46 pm
Assessment Criteria AC 1.1
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caymone samms
12/1/2016 04:00:59 pm
1. The key elements of a valid contract are:
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Keidean Reid
12/5/2016 10:52:53 pm
1. A valid contract has six important elements so that it will be valid which is offer, acceptance, consideration, intention to create legal relation, certainty and capacity.
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