Leg 100 Jim And Laura Buyer Visit

Law of Contracts Insert your nameCourseProfessor’s nameDate Due Law of ContractsA contract is an agreement that creates obligations that are enforceable by the law. A contract can either be written or spoken. (Elliott, C. 2015). There are elements to a contract that make it valid and binding. They includeOffer. This is defined as a clear manifestation of willingness to enter an agreement made by another person with full understanding that their assent to the bargain is an invitation and is concluded. (DiMatteo, L. A. 2013). As to whether there was an offer in this case, yes there is an offer. When the salesman offered the buyers time for a test drive and they finally chose and agreed to buy the blue car it was a clear offer.Acceptance. This basically means that the terms of the offer have been clearly understood and agreed to through consent and assent and at no time will the terms be changed. (DiMatteo, L. A. 2013). When the buyers agreed to the terms of sales and even agreed to pay a deposit, it clearly shows that they have