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PIT_PIT [208]
3 years ago
11

What are the elements of a binding contract? a) Agreement, consideration, contractual capacity, and assent b) Agreement, offer,

acceptance, and consideration c) Agreement, consideration, contractual capacity, and a legal object d) Offer, acceptance, consideration, and assent e) Acceptance, consideration, assent, and a legal object
Business
1 answer:
jonny [76]3 years ago
7 0

<u>Answer:</u>

<em>Elements of the binding agreement include; </em>

<em>(c) Agreement, consideration, contractual capacity, and a legal object </em>

<em></em>

<u>Explanation:</u>

The essential elements required for the transaction to be a lawfully enforceable agreement are common consent, communicated by a substantial offer and acknowledgment; sufficient thought; limit; and lawfulness.

Agreements emerge when an obligation appears, given a guarantee established by parties. To be legitimately official as an agreement, a warranty must be traded for sufficient thought. There are two distinct speculations or meanings of the idea: "Bargain Theory of Consideration" and "Benefit-Detriment hypothesis of view".

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When choosing a distraction channel, the impact it has on an offering's costs can significantly affect the Of the offering and h
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3 years ago
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4 years ago
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b. Many different styles of leadership can be effective.

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Depending.on the organisation, the goals to be achieved, needs of the followers, and the personality of the leader.

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