Discuss the elements of a contract and its consequences. Discuss the discharge o

Question

Discuss the elements of a contract and its consequences.

Discuss the discharge of a contract and its effects on the parties.

Discuss the types of contract remedies. Give these two examples a try:

John walks into a gas station, puts one dollar down on the counter, and says, “a coke please.” Under contract law, what has just occurred?

John walks into a gas station, puts one dollar down on the counter, and says, "a coke please." The owner takes the dollar. What type of contract has just been agreed upon?

Explanation / Answer

The elements of contract and its consequences are:

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