My Personal Experience with Contracts

825 Words Jan 11th, 2018 3 Pages
People are constantly entering into contracts, and while both parties usually fulfill them, there are instances in which one or more of the parties renege and there is a breach of contract. In order for a contract to be legally enforceable there must be five key elements that are fulfilled: offer, acceptance, mutuality of obligation, consideration, and competency. While I have entered into several contracts throughout my life, there is one in particular that did not have the results I expected, which ultimately resulted in a breach. In order for a contract to be enforceable there must first be an offer, which can be defined as "an expression of willingness to contract on certain terms, made with the intention that [the terms] shall become binding as soon as it is accepted by the person to whom it is addressed" (Treitel, 2007). While stationed in Germany, I saw an advertisement in which Coralis Harper Oil Painting Services was offering to transform photographs into oil paintings on canvas in a variety of sizes. Based on the services being offered by Coralis Harper, the owner of the company, I believed that she was qualified to transform an original photograph of my son and daughter into an oil painting on a 24x30 inch canvas. Based on the terms outlined by Coralis Harper, I erroneously believed that we had fulfilled the…