Julio emailed a contract to his vendor supply chain manager even though Julia sent the contract the contract is not valid until the supply chain manager receives an executes the contract what key principle about contracts does a scenario describe

A. legal capacity
B. exchange of value
C. legal purpose
D. offer and acceptance

1 answer

The scenario described primarily illustrates the principle of D. offer and acceptance. In contract law, for a contract to be valid, there must be a clear offer made by one party and acceptance by the other party. In this case, Julio sent the contract (the offer), and it is not considered valid until the supply chain manager receives and executes it (accepts the offer).