Contracts
An offer must be made and an acceptance must occur (Offer and Acceptance)
What is an Agreement?
ownership of a company
What is stock
Saving scarce natural resources
What is Conservation
Those entering into the contract must be of legal age and must be mentally competent
What are Competent Parties?
TGT
What is target
Natural resource that cannot be replaced when used up
What is a Non-renewable resource
Something of measurable value must be exchanged by the parties involved
What is Consideration?
This number tell you what the market is willing to pay for the company's earnings.
What is price per earning ratio
The contract must be for a product or service that may be legally sold
What is Legality
The amount of money after expenses that a company makes
What is profit
One party proposes specific terms to another
What is an Offer
Owning a stock, mutual funds, and bonds
What is a diverse portfolio