Exercise Agreement Contract With Answer
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FAQ
All business contracts must contain the essential elements of an agreement. The essential elements include consideration, offer and acceptance, a legal purpose, capable parties and mutual assent. Consideration means something of value must be exchanged.
Identify the purpose: It is most fundamental to the drafting process, to ensure you have properly identified what the object of the contract is. Listen to the client carefully and verify with him to double check you know exactly what he wants.
In order for an offer to be valid, it must be clearly communicated, giving the offeree a chance to accept or reject it. Clear communication can include actions, oral communication, or in writing. A valid offer can be made to a group, a single person, or the public at large. Valid offers are definite in their substance.
It's a Fitness Contract, and here's what you should include in it. Start with one thing you're going to change and be specific. Don't write down, "I want to lose weight." Instead say, "I will lose 37 pounds of fat" or "I will put on 10 pounds of muscle." Write a simple statement about why you want to make that change.
Acceptance occurs when a party to whom an offer has been made agrees to the proposal. In creating an enforceable contract, the acceptance must (1) come from the person or persons to whom the offer was made,(2) match the terms in the offer, and (3) be communicated to the offeror.
