Laptop contract
Storyboard-Text
- Offer: a proposal made by a party to another party; a willingness to enter a contract
- You know what? Since I just got a desktop I'm going to sell my laptop for $275. Would like to buy it?
- Acceptance:the agreement of the offeree to be bound by the terms of the offer
- Yeah I do!
- Genuine Agreement: offer and acceptance go together to create genuine agreemnt,or a meeting of the minds
- Perfect! Do you want to buy it right now?
- Capacity: the legal ability to enter a contract
- Yes! Since we are both college students, I can legally buy it.
- Consideration: the exchange of things of value(both parties need to promise something)
- Here's the $275
- And here's the laptop
- Legality: parties are not allowed to enforce contract that involve illegal acts
- See you later! Thank you!
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