Jonathan and his partner Drew understand they need to create a document to address stipulations for working with their vendors who supply building materials and home decor staging products for their home show. While drafting a contract, what key principles should Jonathan and Drew remember?

(1 point)
Responses

Professional representation; legal structure

Professional representation; legal structure

Exchange of value; offer and acceptance

Exchange of value; offer and acceptance

Legal structure; exchange of value

Legal structure; exchange of value

Offer and acceptance; professional representation

1 answer

Jonathan and Drew should remember the key principles of Exchange of value; offer and acceptance. This ensures that both parties understand what is being provided and what is expected in return, forming a valid contract.