SlideShare ist ein Scribd-Unternehmen logo
1 von 33
Business Law Unit 2/Chapter 7/Contracts
Section 7.1 Goals ,[object Object],[object Object],[object Object],[object Object],[object Object]
What’s Your Verdict? ,[object Object],[object Object]
What is a Contract? ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Offer and Acceptance ,[object Object]
Genuine Assent ,[object Object]
Legality ,[object Object],[object Object]
Consideration ,[object Object]
Capacity ,[object Object]
Writing ,[object Object]
What or Who Are Contracts? ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
What’s Your Verdict? ,[object Object],[object Object]
Requirements of a Valid Offer ,[object Object],[object Object],[object Object]
Expression of Intent to Create a Legal Obligation ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Offer Must Be Complete and Clear ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Offers Must Be Communicated of the Offeree ,[object Object],[object Object],[object Object],[object Object]
Section 7.1 Goals ,[object Object],[object Object],[object Object],[object Object],[object Object]
End of Section 7.1 Questions ,[object Object],[object Object]
Section 7.2 Goals ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
What’s Your Verdict? ,[object Object],[object Object]
How Can Offers Be Ended? ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
How Can An Offer Be Kept Open? ,[object Object],[object Object],[object Object],[object Object],[object Object]
Section 7.2 Goals ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
End of Section 7.2 Questions ,[object Object],[object Object]
Section 7.3 Goals ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
What’s Your Verdict? ,[object Object],[object Object]
How Are Acceptances Created? ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Who Can Accept An Offer? ,[object Object],[object Object],[object Object],[object Object]
Acceptance Must Match Offer ,[object Object],[object Object],[object Object],[object Object]
Acceptance Must Match the Offer ,[object Object],[object Object],[object Object]
Acceptance Must Be Communicated to the Offeror ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
End of Section 7.3 Questions ,[object Object],[object Object],[object Object]
Section 7.3 Goals ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

Weitere ähnliche Inhalte

Was ist angesagt?

1st Time Home Buyer Seminars
1st Time Home Buyer Seminars1st Time Home Buyer Seminars
1st Time Home Buyer Seminars
Ivan Warman
 
Understanding Short Sales
Understanding Short SalesUnderstanding Short Sales
Understanding Short Sales
Peggy Santmyer
 
Why You Should Buy A Foreclosure!
Why You Should Buy A Foreclosure!Why You Should Buy A Foreclosure!
Why You Should Buy A Foreclosure!
Roy Hard
 
Home Buyers Seminar 4/2/11
Home Buyers Seminar 4/2/11Home Buyers Seminar 4/2/11
Home Buyers Seminar 4/2/11
Susy Hurlbert
 
Settlement-Booklet-January-6-REVISED
Settlement-Booklet-January-6-REVISEDSettlement-Booklet-January-6-REVISED
Settlement-Booklet-January-6-REVISED
Scott R. Gripman
 

Was ist angesagt? (20)

Foreclosure Prevention Course
Foreclosure Prevention CourseForeclosure Prevention Course
Foreclosure Prevention Course
 
Terms of a contract
Terms of a contractTerms of a contract
Terms of a contract
 
Mortgage Buyers Guide
Mortgage Buyers GuideMortgage Buyers Guide
Mortgage Buyers Guide
 
1st Time Home Buyer Seminars
1st Time Home Buyer Seminars1st Time Home Buyer Seminars
1st Time Home Buyer Seminars
 
Buyers Presentation
Buyers PresentationBuyers Presentation
Buyers Presentation
 
Understanding Short Sales
Understanding Short SalesUnderstanding Short Sales
Understanding Short Sales
 
First Time Home Buyer Seminar
First Time Home Buyer SeminarFirst Time Home Buyer Seminar
First Time Home Buyer Seminar
 
Why You Should Buy A Foreclosure!
Why You Should Buy A Foreclosure!Why You Should Buy A Foreclosure!
Why You Should Buy A Foreclosure!
 
Reverse Mortgages for Home Purchase - A Guide for Realtors
Reverse Mortgages for Home Purchase - A Guide for RealtorsReverse Mortgages for Home Purchase - A Guide for Realtors
Reverse Mortgages for Home Purchase - A Guide for Realtors
 
Contract Law Test and Answers November 2017
Contract Law Test and Answers November 2017Contract Law Test and Answers November 2017
Contract Law Test and Answers November 2017
 
Home Buyers Seminar 4/2/11
Home Buyers Seminar 4/2/11Home Buyers Seminar 4/2/11
Home Buyers Seminar 4/2/11
 
Overview of Contract Law
Overview of Contract LawOverview of Contract Law
Overview of Contract Law
 
Settlement-Booklet-January-6-REVISED
Settlement-Booklet-January-6-REVISEDSettlement-Booklet-January-6-REVISED
Settlement-Booklet-January-6-REVISED
 
Home improvement made easy
Home improvement made easyHome improvement made easy
Home improvement made easy
 
Consideration
ConsiderationConsideration
Consideration
 
Homebuyer seminar - Everything you need to know to purchase your home
Homebuyer seminar - Everything you need to know to purchase your homeHomebuyer seminar - Everything you need to know to purchase your home
Homebuyer seminar - Everything you need to know to purchase your home
 
Short sales
Short salesShort sales
Short sales
 
Consideration
ConsiderationConsideration
Consideration
 
All buyerhandouts.doc (1)
All buyerhandouts.doc (1)All buyerhandouts.doc (1)
All buyerhandouts.doc (1)
 
First time homebuyers guide
First time homebuyers guideFirst time homebuyers guide
First time homebuyers guide
 

Ähnlich wie Chapter 7 section1-3

Page 1Pa.docx
Page 1Pa.docxPage 1Pa.docx
Page 1Pa.docx
bunyansaturnina
 
To Agree or Not To AgreeThis week, you have been learning about .docx
To Agree or Not To AgreeThis week, you have been learning about .docxTo Agree or Not To AgreeThis week, you have been learning about .docx
To Agree or Not To AgreeThis week, you have been learning about .docx
depoerossie
 
Ri411 Ppt Presentation Rathbun
Ri411 Ppt Presentation RathbunRi411 Ppt Presentation Rathbun
Ri411 Ppt Presentation Rathbun
Matthew Rathbun
 

Ähnlich wie Chapter 7 section1-3 (20)

Contracts.pptx
Contracts.pptxContracts.pptx
Contracts.pptx
 
How to Draft An Airtight Contract that Houdini Can’t Even Escape
How to Draft An Airtight Contract that Houdini Can’t Even EscapeHow to Draft An Airtight Contract that Houdini Can’t Even Escape
How to Draft An Airtight Contract that Houdini Can’t Even Escape
 
Contracts 101: Nuts & Bolts of Contracts Law
Contracts 101: Nuts & Bolts of Contracts LawContracts 101: Nuts & Bolts of Contracts Law
Contracts 101: Nuts & Bolts of Contracts Law
 
Dynamic Finance Presentation
Dynamic Finance PresentationDynamic Finance Presentation
Dynamic Finance Presentation
 
Alternative Financing
Alternative FinancingAlternative Financing
Alternative Financing
 
Fifty Ways to Leave Your Debtor
Fifty Ways to Leave Your DebtorFifty Ways to Leave Your Debtor
Fifty Ways to Leave Your Debtor
 
Sales Contract Form
Sales Contract FormSales Contract Form
Sales Contract Form
 
Chapter 10 section 1-2
Chapter 10 section 1-2Chapter 10 section 1-2
Chapter 10 section 1-2
 
Chapter 10 section1-2
Chapter 10 section1-2Chapter 10 section1-2
Chapter 10 section1-2
 
Contract Management - Basics.ppt
Contract Management - Basics.pptContract Management - Basics.ppt
Contract Management - Basics.ppt
 
Page 1Pa.docx
Page 1Pa.docxPage 1Pa.docx
Page 1Pa.docx
 
CDPE Distressed Homeonwer Seminars
CDPE Distressed Homeonwer SeminarsCDPE Distressed Homeonwer Seminars
CDPE Distressed Homeonwer Seminars
 
Agreement law
Agreement law Agreement law
Agreement law
 
Risking Your Money
Risking Your MoneyRisking Your Money
Risking Your Money
 
Chapter12sections 1 3
Chapter12sections 1 3Chapter12sections 1 3
Chapter12sections 1 3
 
Surety Bond 101
Surety Bond 101Surety Bond 101
Surety Bond 101
 
To Agree or Not To AgreeThis week, you have been learning about .docx
To Agree or Not To AgreeThis week, you have been learning about .docxTo Agree or Not To AgreeThis week, you have been learning about .docx
To Agree or Not To AgreeThis week, you have been learning about .docx
 
Ri411 Ppt Presentation Rathbun
Ri411 Ppt Presentation RathbunRi411 Ppt Presentation Rathbun
Ri411 Ppt Presentation Rathbun
 
Contract Basics for Credit Unions
Contract Basics for Credit UnionsContract Basics for Credit Unions
Contract Basics for Credit Unions
 
Short Sale/Foreclosure Epedemic Explained
Short Sale/Foreclosure Epedemic ExplainedShort Sale/Foreclosure Epedemic Explained
Short Sale/Foreclosure Epedemic Explained
 

Mehr von Fannett-Metal School District

Mehr von Fannett-Metal School District (20)

Unit 10
Unit 10Unit 10
Unit 10
 
Unit 10 review questions
Unit 10 review questionsUnit 10 review questions
Unit 10 review questions
 
Chapter 10 introduction
Chapter 10 introductionChapter 10 introduction
Chapter 10 introduction
 
Unit 9
Unit 9Unit 9
Unit 9
 
Chapter16sections1 2
Chapter16sections1 2Chapter16sections1 2
Chapter16sections1 2
 
Chapter15sections 1 3
Chapter15sections 1 3Chapter15sections 1 3
Chapter15sections 1 3
 
1 making money intro
1 making money intro1 making money intro
1 making money intro
 
Unit 8
Unit 8Unit 8
Unit 8
 
Unit 8
Unit 8Unit 8
Unit 8
 
Unit 7
Unit 7Unit 7
Unit 7
 
Unit 6
Unit 6Unit 6
Unit 6
 
Chapter 11sections 1-2
Chapter 11sections 1-2Chapter 11sections 1-2
Chapter 11sections 1-2
 
Chapter 8 section1-2
Chapter 8 section1-2Chapter 8 section1-2
Chapter 8 section1-2
 
Chapter 14 sections 1-2
Chapter 14 sections 1-2Chapter 14 sections 1-2
Chapter 14 sections 1-2
 
Chapter13sections 1 2
Chapter13sections 1 2Chapter13sections 1 2
Chapter13sections 1 2
 
Chapter6 section1 3
Chapter6 section1 3Chapter6 section1 3
Chapter6 section1 3
 
Unit 5 Marketing Information Management
Unit 5 Marketing Information ManagementUnit 5 Marketing Information Management
Unit 5 Marketing Information Management
 
Chapter 5 Crimes
Chapter 5 CrimesChapter 5 Crimes
Chapter 5 Crimes
 
Unit 4
Unit 4Unit 4
Unit 4
 
Unit 4 Customer Service
Unit 4 Customer ServiceUnit 4 Customer Service
Unit 4 Customer Service
 

Kürzlich hochgeladen

Call Girls From Pari Chowk Greater Noida ❤️8448577510 ⊹Best Escorts Service I...
Call Girls From Pari Chowk Greater Noida ❤️8448577510 ⊹Best Escorts Service I...Call Girls From Pari Chowk Greater Noida ❤️8448577510 ⊹Best Escorts Service I...
Call Girls From Pari Chowk Greater Noida ❤️8448577510 ⊹Best Escorts Service I...
lizamodels9
 
Call Girls In Noida 959961⊹3876 Independent Escort Service Noida
Call Girls In Noida 959961⊹3876 Independent Escort Service NoidaCall Girls In Noida 959961⊹3876 Independent Escort Service Noida
Call Girls In Noida 959961⊹3876 Independent Escort Service Noida
dlhescort
 
0183760ssssssssssssssssssssssssssss00101011 (27).pdf
0183760ssssssssssssssssssssssssssss00101011 (27).pdf0183760ssssssssssssssssssssssssssss00101011 (27).pdf
0183760ssssssssssssssssssssssssssss00101011 (27).pdf
Renandantas16
 
FULL ENJOY Call Girls In Mahipalpur Delhi Contact Us 8377877756
FULL ENJOY Call Girls In Mahipalpur Delhi Contact Us 8377877756FULL ENJOY Call Girls In Mahipalpur Delhi Contact Us 8377877756
FULL ENJOY Call Girls In Mahipalpur Delhi Contact Us 8377877756
dollysharma2066
 
Quick Doctor In Kuwait +2773`7758`557 Kuwait Doha Qatar Dubai Abu Dhabi Sharj...
Quick Doctor In Kuwait +2773`7758`557 Kuwait Doha Qatar Dubai Abu Dhabi Sharj...Quick Doctor In Kuwait +2773`7758`557 Kuwait Doha Qatar Dubai Abu Dhabi Sharj...
Quick Doctor In Kuwait +2773`7758`557 Kuwait Doha Qatar Dubai Abu Dhabi Sharj...
daisycvs
 

Kürzlich hochgeladen (20)

Falcon's Invoice Discounting: Your Path to Prosperity
Falcon's Invoice Discounting: Your Path to ProsperityFalcon's Invoice Discounting: Your Path to Prosperity
Falcon's Invoice Discounting: Your Path to Prosperity
 
Katrina Personal Brand Project and portfolio 1
Katrina Personal Brand Project and portfolio 1Katrina Personal Brand Project and portfolio 1
Katrina Personal Brand Project and portfolio 1
 
Call Girls In Panjim North Goa 9971646499 Genuine Service
Call Girls In Panjim North Goa 9971646499 Genuine ServiceCall Girls In Panjim North Goa 9971646499 Genuine Service
Call Girls In Panjim North Goa 9971646499 Genuine Service
 
Call Girls From Pari Chowk Greater Noida ❤️8448577510 ⊹Best Escorts Service I...
Call Girls From Pari Chowk Greater Noida ❤️8448577510 ⊹Best Escorts Service I...Call Girls From Pari Chowk Greater Noida ❤️8448577510 ⊹Best Escorts Service I...
Call Girls From Pari Chowk Greater Noida ❤️8448577510 ⊹Best Escorts Service I...
 
Call Girls In Noida 959961⊹3876 Independent Escort Service Noida
Call Girls In Noida 959961⊹3876 Independent Escort Service NoidaCall Girls In Noida 959961⊹3876 Independent Escort Service Noida
Call Girls In Noida 959961⊹3876 Independent Escort Service Noida
 
Pharma Works Profile of Karan Communications
Pharma Works Profile of Karan CommunicationsPharma Works Profile of Karan Communications
Pharma Works Profile of Karan Communications
 
A DAY IN THE LIFE OF A SALESMAN / WOMAN
A DAY IN THE LIFE OF A  SALESMAN / WOMANA DAY IN THE LIFE OF A  SALESMAN / WOMAN
A DAY IN THE LIFE OF A SALESMAN / WOMAN
 
Mysore Call Girls 8617370543 WhatsApp Number 24x7 Best Services
Mysore Call Girls 8617370543 WhatsApp Number 24x7 Best ServicesMysore Call Girls 8617370543 WhatsApp Number 24x7 Best Services
Mysore Call Girls 8617370543 WhatsApp Number 24x7 Best Services
 
0183760ssssssssssssssssssssssssssss00101011 (27).pdf
0183760ssssssssssssssssssssssssssss00101011 (27).pdf0183760ssssssssssssssssssssssssssss00101011 (27).pdf
0183760ssssssssssssssssssssssssssss00101011 (27).pdf
 
RSA Conference Exhibitor List 2024 - Exhibitors Data
RSA Conference Exhibitor List 2024 - Exhibitors DataRSA Conference Exhibitor List 2024 - Exhibitors Data
RSA Conference Exhibitor List 2024 - Exhibitors Data
 
👉Chandigarh Call Girls 👉9878799926👉Just Call👉Chandigarh Call Girl In Chandiga...
👉Chandigarh Call Girls 👉9878799926👉Just Call👉Chandigarh Call Girl In Chandiga...👉Chandigarh Call Girls 👉9878799926👉Just Call👉Chandigarh Call Girl In Chandiga...
👉Chandigarh Call Girls 👉9878799926👉Just Call👉Chandigarh Call Girl In Chandiga...
 
FULL ENJOY Call Girls In Mahipalpur Delhi Contact Us 8377877756
FULL ENJOY Call Girls In Mahipalpur Delhi Contact Us 8377877756FULL ENJOY Call Girls In Mahipalpur Delhi Contact Us 8377877756
FULL ENJOY Call Girls In Mahipalpur Delhi Contact Us 8377877756
 
Uneak White's Personal Brand Exploration Presentation
Uneak White's Personal Brand Exploration PresentationUneak White's Personal Brand Exploration Presentation
Uneak White's Personal Brand Exploration Presentation
 
Enhancing and Restoring Safety & Quality Cultures - Dave Litwiller - May 2024...
Enhancing and Restoring Safety & Quality Cultures - Dave Litwiller - May 2024...Enhancing and Restoring Safety & Quality Cultures - Dave Litwiller - May 2024...
Enhancing and Restoring Safety & Quality Cultures - Dave Litwiller - May 2024...
 
Dr. Admir Softic_ presentation_Green Club_ENG.pdf
Dr. Admir Softic_ presentation_Green Club_ENG.pdfDr. Admir Softic_ presentation_Green Club_ENG.pdf
Dr. Admir Softic_ presentation_Green Club_ENG.pdf
 
BAGALUR CALL GIRL IN 98274*61493 ❤CALL GIRLS IN ESCORT SERVICE❤CALL GIRL
BAGALUR CALL GIRL IN 98274*61493 ❤CALL GIRLS IN ESCORT SERVICE❤CALL GIRLBAGALUR CALL GIRL IN 98274*61493 ❤CALL GIRLS IN ESCORT SERVICE❤CALL GIRL
BAGALUR CALL GIRL IN 98274*61493 ❤CALL GIRLS IN ESCORT SERVICE❤CALL GIRL
 
John Halpern sued for sexual assault.pdf
John Halpern sued for sexual assault.pdfJohn Halpern sued for sexual assault.pdf
John Halpern sued for sexual assault.pdf
 
Organizational Transformation Lead with Culture
Organizational Transformation Lead with CultureOrganizational Transformation Lead with Culture
Organizational Transformation Lead with Culture
 
Quick Doctor In Kuwait +2773`7758`557 Kuwait Doha Qatar Dubai Abu Dhabi Sharj...
Quick Doctor In Kuwait +2773`7758`557 Kuwait Doha Qatar Dubai Abu Dhabi Sharj...Quick Doctor In Kuwait +2773`7758`557 Kuwait Doha Qatar Dubai Abu Dhabi Sharj...
Quick Doctor In Kuwait +2773`7758`557 Kuwait Doha Qatar Dubai Abu Dhabi Sharj...
 
Falcon Invoice Discounting platform in india
Falcon Invoice Discounting platform in indiaFalcon Invoice Discounting platform in india
Falcon Invoice Discounting platform in india
 

Chapter 7 section1-3

  • 1. Business Law Unit 2/Chapter 7/Contracts
  • 2.
  • 3.
  • 4.
  • 5.
  • 6.
  • 7.
  • 8.
  • 9.
  • 10.
  • 11.
  • 12.
  • 13.
  • 14.
  • 15.
  • 16.
  • 17.
  • 18.
  • 19.
  • 20.
  • 21.
  • 22.
  • 23.
  • 24.
  • 25.
  • 26.
  • 27.
  • 28.
  • 29.
  • 30.
  • 31.
  • 32.
  • 33.