Business Law Solution Contract is an agreement, which is enforceable by law, and an agreement is a set of promises between two or more than two people. Following are the essential elements of valid contracts:Acceptance and offer should be proper, there must be agreement between two parties which should be based on valid lawful offer.
Business Law Contract Law Essay Preview: Business Law Contract Law Report this essay Introduction A contract is a legally binding agreement or transaction, which, when breeched, can involve several different remedies as contracts are legally enforceable. There are several different types of contracts and the legal effect of these agreements fall into the following four.
