Questions from Business Law


Q: Identify the six elements of an enforceable contract.

Identify the six elements of an enforceable contract.

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Q: Describe the enforceability of contracts in terms of valid, void,

Describe the enforceability of contracts in terms of valid, void, and voidable contracts.

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Q: Identify the first step in reaching agreement and forming a valid contract

Identify the first step in reaching agreement and forming a valid contract.

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Q: Explain and provide examples of the two requirements for a valid acceptance

Explain and provide examples of the two requirements for a valid acceptance.

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Q: Identify the three ways in which an offer may be terminated.

Identify the three ways in which an offer may be terminated.

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Q: List seven ways in which a lack of a meeting of the

List seven ways in which a lack of a meeting of the minds may cause defective agreements.

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Q: Explain misrepresentation and how it differs from fraud.

Explain misrepresentation and how it differs from fraud.

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Q: Explain the concept of mistake in the eyes of the law.

Explain the concept of mistake in the eyes of the law.

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Q: Define undue influence and explain its impact upon the validity of a

Define undue influence and explain its impact upon the validity of a contract.

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Q: While in the custody of the New Castle Youth Development Center (

While in the custody of the New Castle Youth Development Center (YDC), 17-year-old Betts suffered a tragic spinal cord injury while attempting to make a tackle during a football game. Following the in...

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