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Fletcher, Roland
(2001).
DOI: https://doi.org/10.1061/(asce)1052-3928(2001)127:3(100)
Abstract
The general requirements of a valid contract must contain an offer, acceptance, consideration, intention, capacity and if necessary the correct formation, eg, does the contract have to be in writing. The focus of this article will be on offer, acceptance, consideration and an invitation to treat when dealing with contracts concluded during an auction.