Was there a legal and valid contract between the two parties

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Reference no: EM133394477

Questions: Answer the following questions:

1. Was there a legal and valid contract (s) between the two parties? If so explain, what type of contract was it. - Yes there is a contract which is created and drawn up the reward was 20,0000 and it's based on approval according to the terms and agreement

2. Using some key points of "Contract law" which include "Frustration and Consideration," which one of these two applies to this case, or could it be both? Why? Consideration- since the Swanson Banquet hell offered Consideration: A contract must have been considered in order to be enforceable. Consideration is essentially anything of value that is offered to the contract by each party. The plaintiffs' participation in the draw served as the factor in this instance. Each participant to the contract contributed this valuable item. finished

Reference no: EM133394477

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