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#217876

What are the elements of a valid contract? Why is it important for an accountant or businessperson to know this?

What are the elements of a valid contract?  Why is it important for an accountant or businessperson to know this?


Solution Summary

The solution first lists seven elements of a valid contract.  Then there are six reasons listed for why it is important for business people to be able to understand and apply the concepts.

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