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Explain the Basic Requirements That Must Be Met for a Contract

question 62

Essay

Explain the basic requirements that must be met for a contract to be enforceable.


Definitions:

Manufacturing

The process of converting raw materials, components, or parts into finished goods that meet a consumer's expectations or specifications.

Brand

Name, term, sign, symbol, design, or some combination that identifies the products of one company and differentiates them from competitors’ offerings.

Nike Swoosh

The iconic logo of Nike, Inc., representing movement and speed, and one of the most recognized brand symbols globally.

Industrial Revolution

A period of major industrialization that took place during the late 1700s and early 1800s, transforming economies from primarily agrarian societies into industrialized nations.

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