preview

Keunzi V. Radloff Case

Decent Essays

Ch. 5 - Introduction to Contracts; Q 1 and 6 Q-1 The essential elements of a valid contract are the following 5 elements: Competent Parties; Agreement (Offer & Acceptance); Consideration; Lawful Purpose; and final the Form. Identification of these elements in court case Keunzi v. Radloff 34 N.W. 2d 798 (Wis.1948).The parties are Keunzi v. Radloff; The agreement (offer & acceptance) starts from paragraph 2 (Dear Sir, I wish to confirm…. End the industrial commission). Then it starts from accepting O.A. Krebsbach H. Radloff until the proposed building. After that the consideration starts from on April 11, 1946, application until the following letter from the Radloff. Then comes the lawful purpose that starts from Upon the facts, it appears until the Civilian Production Administration. Final the form starts from the defendants from time to time during the preparation of the plan until the plan was completed and delivered to the defendant, Radloff. …show more content…

For example, I purchase a DVD player from my neighbor and my friend told that I can get the same DVD player at Walmart cheapest. So I decided to return and demanded my money back. This is a voidable contract both parties may avoid the contract if either so desires. Another example is a void contract is, strictly speaking without a contract. There is also a formal and informal contract. Formal contract must abide by requiring that a contract be in writing. We all know that most of the contracts are informal in

Get Access