(Answered) Contracts were discussed in several chapters of the

Management Studies

Contracts were discussed in several chapters of the textbook. After reading Chapters 10-18, hopefully you realize that it takes more than a signature of two parties or a certified seal to have a valid contract. You should now know that there are essential elements/ requirements needed for a contract to be legally binding and valid. Using these chapters as a reference, please discuss those legal requirements needed for a valid contract.

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