What exactly is a Contract?

Last updated 17 days ago

12 questions

Note from the author:

0

Required

1

0

Required

0

Library

What exactly is a Contract?

Last updated 17 days ago

12 questions

Note from the author:

What exactly is a contract? Learn about the 6 elements needed for an aggreement to be considered a contract. 

INSTRUCTIONS: Watch your progress in the grey/blue banner above as you proceed through each page of this lesson. Be sure to complete ALL activities on ALL pages. You are not finished until you see the blue SUBMIT button on the last page. 

0

Before we start, let's find out what you may already know about contracts.
How would you describe a contract, and can you come up with any examples of contracts?

Watch the video then answer questions 2-6.

Required

1

Required

1

Required

1

Required

1

Required

1

Complete the top half of your note sheet.
Notes are on the back of your bankruptcy notes sheet. law 2b.

Read this 2-page document to clarify or fill in any gaps in your understanding. 
Click "next" to go to the next page. 

Required

1

0

Pick one of the 6 elements of a contract and draw the idea without words.
When finished click the blue check box in the upper right.

Required

0

While the 6 elements of a contract are universal, they are not always labeled or always named the same way. 
INSTRUCTIONS: Review this infographic then answer the 3 questions to identify certain elements of a contract that use a different name to label it. 

Required

1

Required

1

Required

1

What exactly is a contract? Learn about the 6 elements needed for an aggreement to be considered a contract. 

INSTRUCTIONS: Watch your progress in the grey/blue banner above as you proceed through each page of this lesson. Be sure to complete ALL activities on ALL pages. You are not finished until you see the blue SUBMIT button on the last page. 

Before we start, let's find out what you may already know about contracts.
How would you describe a contract, and can you come up with any examples of contracts?

Complete the top half of your note sheet.
Notes are on the back of your bankruptcy notes sheet. law 2b.

Read this 2-page document to clarify or fill in any gaps in your understanding. 
Click "next" to go to the next page. 

Check all the charcteristics that must be present for a contract to be enforceable. Go back to the reading if you need to.

Pick one of the 6 elements of a contract and draw the idea without words.
When finished click the blue check box in the upper right.

Which elelemnt of a contract did you draw in #8 above?

At its most fundamental, what is a contract?

On a more technical level, what is a contract?

Check the 3 main ingredients needed for a contract to be legally enforceable?

If you email a band and offer to pay them to play at your graduation party, have you entered into a contract with the band??

Related to your response to #5. Explain why or why not?

Check all the charcteristics that must be present for a contract to be enforceable. Go back to the reading if you need to. 

only two people can be named in a contract

all parties have to be serious about the agreement

a proposition by at least one party

the contract must be in writing 

all parties have to be of "sound mind" and of legal age

it must be between people only 

an acceptance of the proposition by another party

the exchange must be of a legal nature

some form of exchange (something given) by all of the involved parties

Which elelemnt of a contract did you draw in #8 above?

Offer

Acceptance

Consideration

Genuineness / Mutual Consent

Competence / Capacity

Legality

What step in this process represents COMPETENCE?

What step in this process represents LEGAL PURPOSE?

What step in this process represents MUTUAL CONSENT (Genuineness of the agreement?)

Liabilty 

Offer

Legalization

What exactly is a Contract?

What exactly is a Contract?

Before we start, let's find out what you may already know about contracts. How would you describe a contract, and can you come up with any examples of contracts?

Watch the video then answer questions 2-6.

Complete the top half of your note sheet.

Read this 2-page document to clarify or fill in any gaps in your understanding.

Pick one of the 6 elements of a contract and draw the idea without words. When finished click the blue check box in the upper right.

Before we start, let's find out what you may already know about contracts. How would you describe a contract, and can you come up with any examples of contracts?

Watch the video then answer questions 2-6.

At its most fundamental, what is a contract?

On a more technical level, what is a contract?

Check the 3 main ingredients needed for a contract to be legally enforceable?

If you email a band and offer to pay them to play at your graduation party, have you entered into a contract with the band??

Related to your response to #5. Explain why or why not?

Complete the top half of your note sheet.

Read this 2-page document to clarify or fill in any gaps in your understanding.

Check all the charcteristics that must be present for a contract to be enforceable. Go back to the reading if you need to.

Pick one of the 6 elements of a contract and draw the idea without words. When finished click the blue check box in the upper right.

Which elelemnt of a contract did you draw in #8 above?

What step in this process represents COMPETENCE?

What step in this process represents LEGAL PURPOSE?

What step in this process represents MUTUAL CONSENT (Genuineness of the agreement?)

At its most fundamental, what is a contract?

On a more technical level, what is a contract?

Check the 3 main ingredients needed for a contract to be legally enforceable?

If you email a band and offer to pay them to play at your graduation party, have you entered into a contract with the band??

Related to your response to #5. Explain why or why not?

What step in this process represents COMPETENCE?

What step in this process represents LEGAL PURPOSE?

What step in this process represents MUTUAL CONSENT (Genuineness of the agreement?)

Before we start, let's find out what you may already know about contracts.
How would you describe a contract, and can you come up with any examples of contracts?

Pick one of the 6 elements of a contract and draw the idea without words.
When finished click the blue check box in the upper right.

Before we start, let's find out what you may already know about contracts.
How would you describe a contract, and can you come up with any examples of contracts?

Pick one of the 6 elements of a contract and draw the idea without words.
When finished click the blue check box in the upper right.