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...Commercial law test revision notes note these have been compiled to assist you in preparing for your should not rely only on but study using own guide prescribed textbook ensure know all the learning outcomes as set out of contract define a is an agreement between two or more people intended create legally enforceable obligations list requirements consensus contractual capacity lawful possible perform physical possibility performance formalities if any complied with that must be present contracting parties reach each party has intention common communication briefly explain expedition theory relating time and place when formed applies contracts concluded through postal system arises at where letter acceptance posted by offeree difference are valid void voidable correct respects met means actually never really came into existence it said ab inito from beginning because some defect can aside request one p g e three different forms misrepresentation occur intentional negligent innocent bef...