Accountancy, asked by shaheen2481, 3 months ago

Explain how a contract is created.

Answers

Answered by jatindrkumar44
0

Answer:

good morning have a nice day

Answered by royalhappinessforeve
7

Answer:

A contract is formed only if the parties intend to be legally bound by their promises and have clearly agreed on what those promises are. This is known as a meeting of the minds. The court will look for certain elements to determine whether a valid contract has been made. These are offer, acceptance, and consideration.

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