What is definition of contract-what are required elements

Assignment Help Business Economics

Reference no: EM13831883

What is the definition of a contract? What are the required elements?

What is the distinction between a void and avoidable contract; between an executive and an executor contract; and between a unilateral and bilateral contract?

Reference no: EM13831883

Questions Cloud

Volumetric oil reservoir with pressure dropped : Volumetric oil reservoir with pressure dropped from 2000 psi to 1000 psi with 30 MM STB oil was produced. Gas oil ratio was 900 Scf/ STB at 1000 psi , while the current gas oil ratio is 2200 scf/STB . Porosity= 20% , Sw= 0.15 .the temperature of the ..

Social forces drive europeans to exploration-colonization : How did the economic, political, and social forces drive the Europeans to exploration and colonization?

What is the new level of gross national debt : Assume that gross national debt initially is equal to $3trillion and the federal government then runs a deficit of$300 billion. What is the new level of gross national debt? If 100 percent of the deficit is financed by the sale of securities to feder..

How much of the per-unit tax would be paid by the sellers : Consider a market where the market demand is given by P = 600 − 3Q and the market supply is given by P = 100 + 2Q. Suppose the government imposed a $50-per-unit tax. How much of the per-unit tax would be paid by the sellers and how much by the buyers..

What is definition of contract-what are required elements : What is the definition of a contract? What are the required elements? What is the distinction between a void and avoidable contract; between an executive and an executor contract; and between a unilateral and bilateral contract?

What effect do increased regulations : What effect do increased regulations have upon a country's PPF and where the economy produces on the PPF? Do regulations cause the PPF to shift?

Theoretical production possibility frontier : Where one the theoretical Production Possibility Frontier (PPF) do you think the US was on September 10, 2001? What happened thereafter? Support your answer with evidence such as unemployment rates, labor participation rates and information on invest..

Positive social impact on global health organizations : How has the development and roles of the World Health Organization made a positive social impact on global health organizations and communities. Provide three examples. The professor has requested a reference as well.

What are freely floating exchange rates all about : What is happening to the value of the U.S. dollar these days? What causes the value of the U.S. dollar to rise or fall? Who demands U.S. dollar? Who supplies U.S. dollar? When we purchase German products, does our demand for euro go up or down? What ..

User Account

All Pages