Wednesday, 9 November 2011

Law of contract features - a brief note

Students of Engineering Management need to have knowledge in law of contract. I want to emphasize the following 4 features in law of contract:

  1. an offer
  2. an acceptance
  3. consideration
  4. intention to be legally bound

Besides the principles and definitions as related  to these 4 features, you need to study the relevant law cases. These law cases help you to have a more concrete understanding of these 4 features.

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