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1 What is a “Contract” -Explain 2 What is Bankruptcy-Explain- 3 What is an offer

1 What is a “Contract” -Explain 2 What is Bankruptcy-Explain- 3 What is an offer-Explain 4 What does it mean-“Discharge of Contract by Lapse of Time” explain 5 What is a Counter-offer-Explain 6 Give an example/scenario of a “Counter-offer” 7.  What does it mean by-“Discharge of contract by Impossibility of Performance” 8 Give a brief example/scenario-of a -“Discharge of contract by Impossibility of Performance” 9 Name a person who is legally unable to enter a Contract. 10 Must all contracts…