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Comparing Contract Concepts

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Compare and contrast the following concepts:

Binding and nonbinding promises
Bilateral and unilateral contracts
Contracts and quasi-contracts
Offer and acceptance
Offer and counteroffer
Monetary damages and equitable relief
Adjudicated insane and insane in fact

© BrainMass Inc. brainmass.com September 25, 2018, 3:04 am ad1c9bdddf - https://brainmass.com/business/business-law/comparing-contract-concepts-56195

Solution Summary

This solution compares and contrasts the following concepts: binding and nonbinding promises; bilateral and unilateral contracts; contracts and quasi-contracts; offer and acceptance; offer and counteroffer; monetary damages and equitable relief and adjudicated insane and insane in fact

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