1ake a list of all the agreements you made a today and b


1. Make a list of all the agreements you made (a) today, and (b) yesterday. Identify which agreements are contracts and explain why they are legally binding.

2. Are these statements true or false?

(a) Most of the law of contract can be found in Acts of Parliament.

(b) All contracts must be in writing.

(c) Conveyances of land must be in the form of a speciality contract.

(d) The absence of an essential element will always render a contract void.

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Accounting Basics: 1ake a list of all the agreements you made a today and b
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