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Elements of a Contract
Offer, acceptance, consideration
Mutual Assent
Agreement to enter into a contractual relationship.
Offer
Manifestation of present contractual intent, Certain and Definite terms, Communicated to the Offeree, Proposal for a bargain, act, forbearance to act, or promise exchanged, Offeree has a power of acc
Acceptance
Unequivocal Assent
Consideration
That which is bargained for and given in exchange,an act, a forbearance to act or a return promise
