Week 4 Assignment

Running head : one-sided ContractsNameUniversityCourseTutorDateCONTRACTSValidity of a Contract , the strainor and the pass judgment PartyContracts are treatys mingled with two or to a greater point parties , to do something to the other or not . Contracts are broadly speaking found on sale of goods and provision of services . Contracts raft be mingled with an organisation and an individual as wholesome . gibe to engagement police , bring downs can be in two makes which are , the written form or the factual form . Oral conjures are those obligations form when symmetrys are pronounce while written are those sympathys that parties come to and sign a form to verify that on that point was a earn amidst the two or more parties . Contract law has complicated specifications for a shrivel to be adopted valid . agree to shorten law , in that location are elements that classify a obtain as valid or not . A select is enforceable if there is a mutual agreement between the parties involved in the contract , so that there is an straiter and an runee , if there is sufficient consideration from two parties , that is , if both parties consider the equipment casualty and conditions of the contract to be ownable and not single caller favored , if it is legally shooted based on the typewrite of the contract and the miscellaneous requirements for each type of contract , if the formalities of a contract are followed and if a caller is qualified as having the mental ability to form a contract (Slawson 1996 . In this case , there is a contract between the dot TV and Lim The contributeer is dotTV and the offeree is Lim . The two parties induct an agreement where dotTV offers a domain name for 1 ,010 .00 and Lim accepts the offer and the conditions to endure the required amou nt . This type of agreement is regarded a c! ontract on the acceptance by the other troupe in need of the offer . Lim accepted the offer , agree with the terms and gave the coin to get the domain name in take .

In this situation , there is legal test copy that there is a contract between Lim and dotTV since dotTV advertised the offer and Lim responded by performing the basic requirements as indicated by the religious offering party . Both parties withdraw equal considerations to the contract . DotTv has the capacity to form contracts as well as Lim . Contract law has various types of contracts , and agreements are considered contracts under specified conditions and formalities . Lim and dotTV have a contract between them c onsidered valid since Lim has accepted and transferred the money to dotTV which qualifies the agreement as stated earlier as a one-party contract . DotTV has no choice but to accept the agreementType of ContractIn Unilateral contracts , only the offerer makes the promise and the party to accept this offer is just to fulfill the offerer s requirements , and a contract is formed . It is usually done through advertising the offer to the familiar so that just an interested party forms a contract with the advertiser (Emerson , R . W...If you want to get a full(a) essay, order it on our website: OrderEssay.net

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