Criminal Defense

Understanding Contract Law

Michael Johnson
07 May 2025
5 min read

What is Contract Law?

Contract law is a fundamental aspect of legal practice that governs the agreements made between parties. It ensures that promises made in a contract are enforceable by law. Understanding the elements of a contract, such as offer, acceptance, and consideration, is crucial for both individuals and businesses.

Key Elements of a Contract

  • Offer: A proposal made by one party to another.
  • Acceptance: The agreement of the other party to the offer.
  • Consideration: Something of value exchanged between the parties.

In this article, we will explore these elements in detail and discuss common pitfalls to avoid when entering into contracts.

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