Elements of Legally
Enforceable Sales Contracts
By: Bobbie Hawkins
Legal Agreements
Offer
 And acceptance
 Consideration
 Exchange of value

Illegal Agreements
Cocaine
 Criminal activities
 Sale of alcohol

Unenforceable Contracts
Marriage contract
 Bankruptcy
 Wages

Contracts Contrary to Public Policy
Exculpatory Agreement
 Unconscionable Contracts
 Contracts with Public Servants
 Contracts in restraint of trade

Conclusion
A contract is a legally enforceable agreement
between two or more parties that creates an
obligation to do or not do particular things
•An agreement
•legally enforceable
References
Meiners, R.E., Ringleb, A.H., & Edwards, F.L. (2006). The legal environment of business
(9th ed.)
Will Your Contract be Enforced Under law? (2009). Findlaw, A Thomson Reuters Business.
Retrieved September 9,2009 from http://smallbusiness.findlaw.com/businessform-contracts/business-forms-contracts-overview/business-formscontracts-overview-enforceable(1).html
Contracts (2007). Retrieved September 9,2009. from
http://www.referenceforbusiness.com/small/Co-Di/Contracts.html