Describe the essentials of a valid contract offers. Explain the contract process for designing and developing a new website for a Startup Company.

A contract becomes legally valid or binding when it meets seven key requirements.  Essentials of a Valid Contract & Website Development Process 1. Offer and AcceptanceA contract begins when one party makes a definite offer and the other accepts it exactly as presented. For example, when a web developer proposes to create an e-commerce site … Read more

Describe the various criteria for valid offer and valid contract. Explain about formal Contract with examples.

A contract is a legally binding agreement between two or more parties that creates obligations to do or not do something. It can be written, spoken, or even implied by actions, but it must meet specific criteria to be valid and enforceable by law. Contracts are essential in everyday life, from buying goods to signing … Read more