Elements of a Valid Contract

Number of Pages 3

This 3 page paper answers four questions about valid contracts. The writer discusses the four elements of a valid contract: consideration, mutual assent, capacity and legality) as well as the objective theory of contracts. The writer uses John D.R. Leonard v. PEPSICO, Inc. 88 F.Supp.2d 116 (S.D.N.Y. 1999) as an example of an unenforceable contract. Leonard v. PEPSICO is a case in which a viewer of a Pepsi commercial offering a Harrier jet sought to have the company supply him with an aircraft. There are 4 sources listed in the bibliography.


File: CC6_KSlawContValid.rtf


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