Every Agreement And Promise Enforceable By Law Is

The fundamental elements necessary for the agreement to be a legally enforceable contract are: mutual consent expressed through a valid offer and acceptance; take due account; capacity; and legality. In some States, the consideration element may be satisfied by a valid replacement. Possible remedies in the event of an infringement are general damages, consequential damages, damage to trust and certain services. Agent – someone who has been appointed to act on behalf of another person. The extent of the agent`s commercial power is subject to the agreement between the client and the agent. Article 10 of the Act deals with the conditions for the application of an agreement. .