Offer Acceptance
Consideration
Intention to create legal relations
Capacity
Consider: Invitation to treat or offer?
Consider soft factors such as
Detrimental Reliance
Bad Faith
Bilateral versus Unilateral contracts
1st term: is about creating a valid contract
2nd term: What can go wrong and what we do about it
1st ensure essential elements of valid contract:
-Offer
Acceptance
Consideration
Intention
Capacity