tot 1.docx - 1 Contract Law Contract law define contract as...

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1. Contract Law Contract law define contract as a legal agreement by two legally capable parties with the promise to exchange something which create legal rights & responsibility that is enforceable in a court of law. In order to make valid there must me three factors that is intension (to exchange something), agreement and acceptance by two parties and consideration (value passing one party to another). It is important that purpose of

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