Analysis Of The Contractual Dispute Of Kase V. French

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Memorandum TO: LESLIE COOPER-BLOOD FROM: AMANDA KRANNING DATE: APRIL 13, 2016 SUBJECT: SIX ELEMENTS OF VALID CONTRACTS _____________________________________________________________________________________ Contracts Contracts are legal binding agreements whether verbally or written between two or more competent people. They also can be contractual agreements between businesses for services or goods, employment, trade, or lease. Regardless of what type of contract the parties are entering there are six elements they need to follow in order to come to a successful legal understanding. Contracts are built on the fundamentals of offer and acceptance, intention to create legal relations, consideration, legal capacity, consent, and illegal and void contracts. Any contract which represents false statements, unwarranted …show more content…

French seems to have been decided fairly. It does not appear that the French’s’ attempted malcontent against Mrs. Williams hence her willingness to sign over her home in exchange of thoughtful caretakers. A contractual concern I would have with owning my own antique business would concern the lease involved with renting a building to provide my items to consumers. Regards, Amanda Kranning References Business Dictionary. (2016). What is illegal contract? definition and meaning. Retrieved from http://www.businessdictionary.com/definition/illegal-contract.html#ixzz45YjwBAQi Editorial Board. (2012). Contracts. In Introduction to Business Law (p. 118). The Law Handbook. (2016, April 8). Elements of a contract - The Law Handbook. Retrieved from http://www.lawhandbook.org.au/07_01_02_elements_of_a_contract/ Lawnix. (2015). Kase v. French – Case Brief. Retrieved from http://www.lawnix.com/cases/kase-french.html National Paralegal College. (2016). Lack of Capacity. Retrieved from

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