Analysis Of Contract And Estoppel In A Case Study Essay.

Discussion of Contract FormationWhether there is an enforceable contract between Tim and Jen, or not?
A contract can be defined as an exchange of promise, for doing or not doing a specified thing, in exchange of a consideration. It can either be drawn verbally or in a written manner. In order to form a contract, it needs to have the requisite elements of the contract, which include offer and acceptance, a consideration, intent, capacity and c…