Discuss the process of formation of contract from offer to an enforceable agreement.
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The formation of a contract depends on an offer indicating a willingness by the offering party to bind themselves to the proposed terms, and an acceptance by the accepting party indicating a willingness to be bound to the same proposed terms. ... Suppose that an offeror proposes an offer.
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The contingent contract often occurs when the parties that are involved in a negotiation fails to reach an agreement. ... The quasi-contract, on the other hand, maybe when there is no agreement made by the parties and it exists as a result of court order.
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