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There Are Requirements Predetermined by Law to Make a Contract

question 27

Essay

There are requirements predetermined by law to make a contract binding and, therefore, legally enforceable. With your knowledge of the process of arriving at a contract, explain how that process relates to the legal solidification of a contract.


Definitions:

Working Memory

An intellectual mechanism possessing restricted capability, tasked with momentarily storing data for processing purposes.

Deductive Reasoning

A logical process where one arrives at a specific conclusion based on general premises or principles.

Formal Operational Reasoning

The stage of cognitive development during which people begin to think logically about abstract concepts and hypothetical situations.

Abstractly

Thinking or reasoning in a way that is not tied to concrete physical reality, involving conceptual or theoretical considerations.

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