Business Law and Ethics

Topics: Contract, Law, Offer and acceptance Pages: 2 (342 words) Published: February 7, 2013
Business law and ethics
Ref book: Commercial law and Industrial law By Arun Kumer Sen & Jitendra Kumer Mitra

Course teacher: Manik Kanti Mazumder
Contract: A contract is an agreement enforceable at law made between two or more persons, by which rights are required by one or more acts or forbearances on the part of the other or others. What are the essential elements of contract?

1. Offer and acceptance:
2. Intention to create legal relationship:
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