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...Contract law a is legally enforceable agreement between two or more parties this chapter presents discussion of the elements statement in order to provide general appreciation legal significance entering into and administering following only intended as an overview should not be considered definitive counsel consulted required nature must contain all criteria offer acceptance certainty terms consideration intention create relations capacity legality purpose cannot come existence until has been made by one party accepted another tentative promise offeror subject condition containing request other offeree when accepts agreeing replaced no longer bound carry out his her while some positive for generally speaking communicate moment that formed each its formation depends on meeting minds consensus thee proposed both have clear understanding their rights duties transaction there requires reasonably specific alternatively ascertainable means agreed formula principle determination agree certai...