Six elements of a contract cartoon
Create your own!
Create your own!
Offer- A proposal made by one party (the offeror) to another party (the offeree) indicating a willingness to enter a contract
Let me think about it
I will give you these earrings for $100, that's $50 less than what they were.
Acceptance- The agreement of the offeree to be bound by the terms of the offer.
I will give you your pay including a $10 discount for working here.
Really, ok ill come back and work for you.
I will give you 4k for that car.
Genuine Agreement- Offer and acceptance go together to create genuine agreement, or a meeting of the minds.
Well the car does look brand new. Alright that's a good deal! ill buy it.
The car is in very good condition and looks brand new. How about give me 5k and I will also give you a new set of tires?
Capacity- the legal ability to enter a contract.
Nope! I am all clear
Before you sign this contract, I need to know if you have legal ability.
just let me know if your any of these...Are you a Minor, are you Mentally Incompetent or Drugged or drunk individual?
Ok, The contract has been written out all you need to do is sign it and make sure you read it thoroughly so we have complications.
Legality- Parties are not allowed to enforce contracts that involve illegal acts.
Ok, Lets do this!
Consideration- the exchange of things of value. (Both parties need to promise something)
So, if I do go with this new job offer, I get better pay and benefits?
Of course! I promise.
Yes, That's right and in exchange my business grows more with future opportunities, but only if promise to be excellent at your job.
Over 20 Million
Create My First Storyboard