Capella UniversityBUSINESS 220Sophia-Business Law-Touchstone-AC - Updated

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Elements of a Legal Contract BUS3021: Business Law Capella University September 30, 2020 Elements of a Legal Contract Question 1 A contract in legal term is an agreement between two or more parties that can be enforced by law. The script shows a discussion between Laura, Jim and Stan. Following are elements of a contract. Elements of a Contract 1. Offer An offer is an ability and desire to enter into a contract displayed by all or more parties. An offer is supported by negotiatin...

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