ETH 321 Week 3 The Legal and Regulatory Environment of Business, Ch. 8: Contract Formation

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ETH 321 Week 3 The Legal and Regulatory Environment of Business, Ch. 8: Contract Formation
ETH 321 Week 3 The Legal and Regulatory Environment of Business, Ch. 8: Contract Formation
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ETH 321 Week 3 The Legal and Regulatory Environment of Business, Ch. 8: Contract Formation

Read Ch. 8 of The Legal and Regulatory Environment of Business.

Consider the following as you read:

  • The basic requirements needed to form a contract.

  • How the establishment of enforceable contracts benefits business organizations

  • Elements of A Contract

  • Class, what are the elements of a contract?

  • When is an offer in force, and when can an offer be rescinded?

  • When is an acceptance in force, and when can an acceptance be rescinded, if at all?