Agreement between two persons who are not minors
Offer by one party and a counter-offer by the other party
Agreement made with intention to create legal relations
Offer made in writing to the offeree
The courts will insist that the infant repay at least half the sum of money.
It becomes the responsibility of his parents to repay the debt.
The plaintiffs cannot recover the money since a void contract exists.
The matter can be settled quietly in a lawyer's office.
There was no agreement
There was no good faith
There was no consideration
There was no acceptance
A simple contract
A specialty contract
A counter offer
An invitation to treat
Communication of offer