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Explain the Objective Theory of Contracts

question 54

Essay

Explain the objective theory of contracts. In your answer, provide an example of an offer that would not result in a valid contract.


Definitions:

Gym Regularly

The practice of attending a gymnasium frequently to exercise or maintain physical fitness.

High Paying Job

A profession or occupation that offers a significantly higher salary compared to average positions.

Customers' Preference

The inclination or predisposition of consumers towards certain products, services, or brands over others.

Blocking

A method used in experimental design to minimize the effects of nuisance variables by grouping units with similar characteristics.

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