Original Source: UTSA
"Contract Law 101
A contract is an agreement between two parties that creates an obligation to perform (or not perform) a particular duty.
A legally enforceable contract requires the following elements:
An Offer (I’ll mow your lawn this weekend if you pay me $40)
An Acceptance (You’ve got a deal)
Mutual Consideration (the value received and given – the money and the lawn mowed)
Legal Parties (no minors)*
Lega Purpose **..."
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Original Source: UTSA
"Contract Law 101
A contract is an agreement between two parties that creates an obligation to perform (or not perform) a particular duty.
A legally enforceable contract requires the following elements:
An Offer (I’ll mow your lawn this weekend if you pay me $40)
An Acceptance (You’ve got a deal)
Mutual Consideration (the value received and given – the money and the lawn mowed)
Legal Parties (no minors)*
Lega Purpose **..."