What is a Contract? (Offer Acceptance)

This video defines "contract" and "consideration" in terms anyone can understand. It also details the offer and acceptance steps of reaching an agreement and discusses counter-offers. As part of an on-going educational series of business topics, Executive Officer Christian D. Malesic, MBA, IOM presented "PA HICPA Contracts in Plain English" to a live audience of HBA members.

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• #hbaberks
• #contracts
• #acceptance