Solved: Objective theory of contracts, Business Law and Ethics

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Objective theory of contracts

Assignment:

Question 1. Why is the objective theory of contracts applied in determining whether a contract has been created? Why is the subjective intent of the parties not considered?

Question 2. How does a court evaluate whether a contract exists if it is an oral agreement, particularly when the parties disagree about the terms?

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Business Law and Ethics: Objective theory of contracts

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