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contract law
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Offer
ok what car is it?
would you like to buy a car?
Acceptance
it is a Honda civic and it costs 1 million. if you would like to buy come to my van and we can sign some documents.
ok
Consideration
i like it please deliver it to the white house. heres your money!
ok
a clear proposal to buy or sell a specific product or service under specific conditions.
mutual agreement
ok thank you
heres the title and the contract that puts it in your name.
the act of the buyer who accepts the term and conditions of the seller.
competency
Consideration is a payment made by one party to another in exchange for the transfer of something of value
lawful
A mutual agreement is a binding contract between two or more parties.
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