Business Law
Most legal issues confronted by businesses fall into one of six basic areas: contract, tort, property, agency, commercial, or bankruptcy law. These areas cover a wide range of business activity.
Contract Law
A contract is any agreement between two or more parties that is enforceable in court. As such, it must meet six conditions. If all these conditions are met, one party can seek legal recourse from another if the other party breaches, or violates, the terms of the agreement.
Agreement. Agreement is the serious, definite, and communicated offer and acceptance of the same terms.
Consent. A contract is not enforceable if any of the parties has been affected by ...
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