The nature of the contract you encountered.

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Contracts are an integral part of our daily lives. Please share an example of a contract you have entered into. Consider the following points:

Type of Contract: Describe the nature of the contract you encountered. The textbook lists various types of contracts (e.g., verbal, written, implied, expressed).
Enforceability: Reflect on what you’ve learned about legally enforceable contracts. Do you believe the contract you were involved in meets the necessary criteria for enforceability?

Sample Solution

A Contractual Experience: Buying a Smartphone

Type of Contract: The contract I encountered was an express, written contract. It was a standard form agreement provided by the mobile phone retailer.

Enforceability: Based on my understanding of contract law, the contract I entered into likely meets the necessary criteria for enforceability. These criteria typically include:

  • Offer and Acceptance: There was a clear offer to sell the smartphone and an acceptance of that offer by me.
  • Consideration: I exchanged money (consideration) for the smartphone.
  • Legal Capacity: Both I and the retailer had the legal capacity to enter into the contract.
  • Legality: The contract was for a legal purpose and did not violate any laws.

While I did not carefully review every term of the contract, I assumed that it complied with these legal requirements. However, it is important to note that if any of these criteria were not met, the contract could be unenforceable. For example, if I had been a minor at the time of the purchase, I might have been able to void the contract.

 

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