TheFinalReviewQuestiontypes:SectionI:TrueorFalse
(MarkTforTrue,FforFalseintheblankprovided)(20%)SectionⅡGivebriefanswerstothefollowingquestions
(30%)SectionIII:ReadtheCasecarefullyandanswerthefollowingquestions
(20%)SectionIV:ReadtheCasecarefullyandanswerthefollowingquestions
(30%)Content:1
Theestablishmentofthecontract:avalidcontractisanagreementthatcontainsalloftheessentialelementsofacontractwhichare:(1)itisanagreementbetweenthepartiesenteredintobytheirmutualassent;Themutualagreementisreachedthroughthebargainingprocess,betweenoffferorandoffereeuntiltheoffereeacceptedtheoffer
Inotherwords,acontractisn’tformeduntiltheofferisacceptedbytheofferee
(2)thepartiesmusthavelegalcapacity;(3)thecontractmustnotbeforillegalpurposesortocarryonanactivitythatisillegalorcontrarytopublicpolicy
Theabovetell