Identify FOUR (4) ways to terminate a contract, esplain it briefly and include examples
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- Identify FOUR (4) ways to terminate a contract, esplain it briefly and include examples
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- A. Does a contract have to be in writing? B. List three types of terms in a contract. C. Distinguish terms in a contract from a representation.Give an example of a contract that is illegal in Florida but legal in some other states in the United States.1. “Section 10 of Contract Act 1950 mentioned that all agreements are contracts if they are made by the free consent of parties”. Based on the section, discuss TWO (2) examples of voidable contract. Note: need simple introduction and conclusion.
- Describe any two (2) limitations that may exist on the freedom of the contracting parties to choose the law governing their contract. Support your answer by referring to the relevant legal provisions and examples.Define the term contract . (b) Explain the essentials of a valid contract. You may use cases or examples where possible.13. What does it mean to say that a contract term is ambiguous? It means that the term was added unilaterally at some time during the life of the contract It means that the term is vague and subject to multiple, reasonable interpretations It means that its performance will greatly disadvantage one of the parties.
- Explain the essential elements of a valid contract, including offer, acceptance, consideration, intention to create legal relations, and capacity. Discuss how these elements apply to real-world contract scenarios.Discuss five (5) circumstance each, that could cause termination or renewal of contract between two parties (buyer and supplier).Give the effect of the perfection of a contract? Explain by giving examples or cases that you know