CONTRACT FORMATION | DRAFTING & REVIEWING CONTRACTS
For your protection, you should always consult with your attorney prior to entering into contract negotiations and before executing a contract.
Elements of Contract Formation
- Offer
- Acceptance
- Consideration
- Intention to Create Legal Relation
Contract formation is the crucial first step in breach of contract lawsuits. If the formation of the contract is invalid, the contract could potentially be thrown out and deemed invalid. This can be costly! It's best to consult with an attorney before offering or accepting any contracts.
Please contact us if you would like to discuss the impact of entering into a contract and/or creating or reviewing a new or existing contract.
