COMM 315 Study Guide - Midterm Guide: Breach (Security Exploit), W. M. Keck Observatory, The Seller

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Onerous both parties have an obligation: 2. Gratuitous only one party has an obligation (giving a gift) You can pay 12 months" worth of rent however, those other obligations cannot be done right away, only over time: are contracts oral vs. Essential elements ccq 1388: essential elements: to have a valid contract, the parties must agree on the essential elements of the contract. The person to whom the offer is made is known as the offeree: offer can be determinate or indeterminate (ccq 1390, determinate: offer directed to a specific person. If not term is stipulated, you can withdraw your offer at any time prior to acceptance: lapses ccq 1392: when the term expires, the offer lapses. If an offer is refused, it will lapse. In order to have a valid contract, four elements (ccq 1385) need to be proven: 1.

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