Business Law question Create a fictional contract scenario w

Business Law question

Create a fictional contract scenario where one required element of a contract is missing. Give enough scenario details to allow a fair chance for another student to guess the missing element.

Solution

Contract and its terms “Mr. B has given a offer to get into a contract to Mr. A, the client, to paint his house. Under the terms of contract Mr. B is allowed to start the work at any time and employ as many workers. The shades and colors are duly explained to contractor. Mr. B accepted the contract.”

Explanation : Mr. B is given the offer which he accepts with contract starting terms of “Anytime” with any number of workers with the color and shapes as provided. There is no interruption for coming or going from the work place. The contract is beneficial to both the contractor Mr. B and client Mr. A as work will be finished early at per terms of contract. The contract contains all the terms and Mr. B will be starting the paint work very soon.

“Missing term – Consideration or remuneration or contract amount”