Business Law 2.01 - Elements and Characteristics of a Contract

Match it! Select the correct answer from the pull down...Good luck!

Samantha decides to sell Joanne her music collection for $550. Both sign a written contract, but Joanne orally promises to add 2 more items to the collection after signing the contract. What law required the contract to be in writing?

When Donnie, Matt, and Steve, all age 15 enter into a contract, what term describes this type of contract?

If the offeror mails an offer to the offeree, and the offeree faxes the acceptance, when will the offer go into affect?

A threat against a person's business would violate which ELEMENT?

Betty lost her wallet at a school ballgame. She offers a reward of $25 to anyone who returns the wallet. What type of contract is this?

Carol gives up her legal right to sue Janice. What term describes this situation?

After being threatened at gun point, Dale cancels his contract based on which part of genuine agreement?

John agreeing to Jason's proposal to sell his car is which element?