Assertion: contract's element | /r/HasProperty | offer
Facets:
Source sentences:
text: The existence of a contract requires finding the following factual elements: a) an offer; b) an acceptance of that offer which results in a meeting of the minds; c) a promise to perform; d) a valuable consideration (which can be a promise or payment in some form); e) a time or event when performance must be made (meet commitments);
text: A legally binding contract needs three main elements: an offer, consideration, and acceptance.
text: The elements of a contract are mutual consent, offer and acceptance, consideration, and legal purpose.
text: As you may know, a legally binding contract requires several necessary elements: offer, acceptance, parties who have the legal capacity to contract (minors under 18 years old and people who are mentally incompetent do not have the legal capacity to enter into contracts), lawful subject matter, mutuality of agreement, valuable consideration, mutuality of obligation, and, in many cases, a writing.
text: There are four main elements in a contract: offer, acceptance, intention to create binding relations and consideration .