TORT LAWTort Law : Cases , applications and defense (Name (School /University (Instructor /Professor (DateContractsIn the traditional settings for specifys to be enforced , there are two incidentors to be considered for a capture to be considered legally binding . One , the actuateies in the need agree to the provisions and terms of the contract . two , there must be the establishment that items of value has been budge , such as m unmatchabletary compensation , services or items , or in the aspect of Tim and Greg , an agreement or predict to purchase or win over for an item in exchange for another item of value in this case , cash for the stereo system set .
Since Tim agreed to buy the stereo , Tim and Greg had a binding contract (Timothy Morgan , 2010As the first question has accomplished the fact that there indeed exists a binding and enforceable contract , as the facts have sufficiently met all the requirements that a contract does exist between Greg and Tim With regards as to whether Greg is marge to hold the accumulation , the statute states that he is not he is completely bound as to the item that he offered to Tim . In employing defenses to the enforcement of a contract Tim must prove that there was either the presence of obsession , threats duress and undue influence on the part of Greg . alone Tim can use the defense of undue influence in the enforcement of the contract . As Greg has been described as one whom Tim extremely regards , his neighbor...If you want to get! a full essay, invest it on our website: OrderCustomPaper.com
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