Slide 1Contracts and Warranties Slide 2 Why Do I Need To Know This? 1.Because you will sign thousands of contracts in your lifetime. 2.Because you will make offers to enter…
Slide 1Legal Capacity to Contract Slide 2 What is Capacity Contractual Capacity – Ability to understand the consequences of a contract Does not require that a person…
Slide 1 CONTRACTS Slide 2 CHAPTER 4: What is a Contract? Contract is any agreement enforceable by law. Not all agreements are contracts Agreeing to take out the trash (not…