Examlex

Solved

What Are the Five Essential Elements of a Valid Contract

question 76

Essay

What are the five essential elements of a valid contract?


Definitions:

Technology

The use of scientific understanding for functional aims, particularly within the industrial sector.

Motorcycles

Two-wheeled vehicles powered by an engine, designed for individual or small number passenger transport.

Opportunity Cost

The value of the next best alternative foregone as the result of making a decision.

Sailboats

Sailboats are vessels propelled partly or entirely by sails and are used for navigation, racing, or recreation.

Related Questions