Contracts Assignment Example | Topics and Well Written Essays - 250 words

Contracts - Assignment ExampleConsideration of the terms of the recoil also constitute a valid contract and it can be seen that this step was taken into account in the formation of this contract. The parties involved have the capacity to contract since they are mature enough to be responsible of their actions and the aspect of legality also exists in this contract and that is the reason why it became binding.2) In the event that I am Adams attorney, I would categorically evince that the verbal agreement made surrounded by the two parties constitutes a valid contract. By an standard, it can be seen that a valid contract has been formed between Adams and Bill though the verbal agreement they entered into. Bills attempt to breach the contract after realising that the restaurant has been making high profits is illegal.3) likely with little success in sight, I would try to argue on behalf of Bill that the contract should not be enforced because it was not written. Some throng may arg ue that a verbal agreement is difficult to prove and this is the point I will base my argument