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Law of Contracts - Unit 3

A valid legal contract must have legally __ parties.
A/an __ is when an offeror revokes their offer before acceptance by the offeree.
__ is required for a valid contract.
A contract for deed is considered a/an __ contract.
When the parties agree to terms and show their intentions in words, whether orally or written, the agreement is said to be a/an __ contract.
A contract is said to be __ if the agreement of the parties is demonstrated by their acts and conduct.
A contract with a person under duress is __.
When a seller proposes a deviation from the terms of an offer, the seller is considered to be making a/an __.
Under the statute of __, all contracts for the sale of real estate must be in writing to be enforceable.
A contract is classified as __ if all parties to the contract exchange binding promises.
Once a sales contract is completed with all parties fulfilling their promises, the ownership changing hands, and the seller receiving the sales price amount, the sales contract is a/an __ contract.
A contract to perform an unlawful act is considered __.