BUSINESS LAW 2 BUSINESS LAW Author Note Answer 1(a) 2 Introduction 2 Rule 2 Application 3 Conclusion 4 Answer 1 (b) 4 Issue 4 Rule 5 Application 6 Conclusion 7 Answer 2 7 References 10 Answer 1(a) Introduction A contract becomes enforceable in law if it includes all the essential elements that render it as a valid contract. An offer is said to be valid where any person with reasonable understanding shall believe that the expression made by the offeror signifies development of a legal relationship as was