An agreement enforceable by law is a contract

Introduction Is an enforceable ground lease agreement with a put and call option to purchase-even though the document clearly indicated that a future legal document was intended To put into final form; complete or conclude: "They have jointly agreed ... ...

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TO CREATE A CONTRACT THERE MUST BE A COMMON INTENTION OF THE PARTIES TO INTER INTO LEGAL OBLIGATION

Table of Contents Introduction........................................................................................................1 Definitions...........................................................................................................2 Contract vs. Agreement......................................................................................3 Essential Ingredients of a contract......................................................................4 Legal Elements of a contract...............................................................................5 Voidable contracts or void contract.....................................................................8 Conclusion...........................................................................................................8 Bibliography.........................................................................................................11 Business Law Topic: “An agreement is regarded as a contract when it is enforceable by ...

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