You are Purchasing and Sales Vice President for a large Texas corporation. The CEO tells you he needs an outline of basic contract law to use for new...

You are Purchasing and Sales Vice President for a large Texas corporation. The CEO tells you he needs an outline of basic contract law to use for new employees in your division. He will take it to the company's attorneys for final approval, but you know your job evaluation will depend on your thoroughness. Outline Texas contract law. Your

answer should be based on the Texas cases and materials furnished you for common law contracts.