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.

Answer 1

Jonathan and Drew should remember the principles of "Exchange of value; offer and acceptance." These principles are fundamental in creating a contract, as they establish that both parties are providing something of value and that there is a mutual agreement to the terms.