Saturday, February 24, 2007

legal.

Right now in Legal Environment of Business we are learning about contracts-- what makes them valid, enforceable, the different types, etc. Here is a sentence from the chapter of my text book ...

"The promise given by the
promisor (offeror) must induce
the promisee (offeree) to offer a
return promise, a performance,
or a forbearance, and the
promisee's promise, performance,
or forbearance must induce the
promisor to make the promise."

Wonderful. I'm just glad I actually understand what that means. This class has definitely been my toughest class thus far and I'm pretty sure I don't even want to think about the final. But I think I like it.

0 comments: