What exactly is a Contract?

Last updated about 4 years ago
9 questions
Note from the author:
What exactly is a contract? Learn about the 6 elements needed for an aggreement to be considered a contract.
1

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?

1

At its most fundamental, what is a contract?

1

On a more technical level, what is a contract?

1

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

1

If you say you will pay a band to play at your party, have you entered into a contract?

1

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

1

Check all the charcteristics that must be present for a contract to be enforceable.

1

Pick one of the 6 elements of a contract and draw the idea without words.

1

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