Principles of Contract Law
Date Submitted: 03/14/2004 02:09:47
Category: / Law & Government / Government & Politics
Length: 9 pages (2535 words)
Category: / Law & Government / Government & Politics
Length: 9 pages (2535 words)
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…illegal enterprise, despite the existence of consensus ad-idem.
CONCLUSION
With the forgoing one must agree that the existence of consensus ad-idem evidence by offer and acceptance is very vital for the existence of a contract. However, the enforceability of a contract depends heavily on consideration and on issues like complying with legal formalities, contractual capacity, intention to create legal relationship. However the most important is legality of the subject matter and consideration of the contract.
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