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What are the essential elements of a valid contract under business law, and how do they contribute to the enforceability of the contract?

What types of legal agreements can impact property ownership or the division of property through time?

What are some of the techniques for enhancing creative negotiation agreements?

You've read about the statute of frauds and how it requires certain agreements to be in writing (remember the acronym MYLEGS). Thinking about all contracts, do you think that all contracts should be in writing? Or do you think this would hinder or slow down transactions?  Please discuss your thoughts on these questions while keeping in mind the purpose behind the statute of frauds.

Why have the government agencies generally resisted the idea that the contracting officer should be required to negotiate with all firms that submit proposals?

Describe Win-win negotiations

What are the important step in negotiation ?

In terms of contract law, what is meant by the phrase "meeting of the minds"? The two parties have met but have yet to agree to the terms and conditions of the contract. One party has a list of their desired terms and conditions and is ready to meet with the other party to discuss them. Both parties to the contract have a general idea of what they want but the specifics still need to be worked out. All the terms and conditions needed for full acceptance of the offer have been agreed upon by the two parties to the contract.

What is a win-win negotiation? What are the characteristics that make for a win-win negotiation?