Under business law, identify the types of courts? What are the three main tier system of the court? What are the elements of fraud?

Study Guide for Business Law Midterm Exam By: Fatema Jahan Types of Courts Local Courts: County Court, City Court, Town+ Village Court Special Court: Court of claims, Surrogate's Court, Family Court Main 3 tier system: Court of Appeals, Appellate Division, Supreme Court ● Elements of k: Agreement, Competent Parties, Genuine Assent, Consideration, Lawful objective, Lawful objective ● Kinds of k: Valid, void and voidable K theories: Express, Implied, Quasi-contracts ● Offers: Jests, Invitations to negotiate, need to be definite, need to be communicated, termination of offers ● Termination of Offers: Revocation(by Offerer), Rejection (by Offeree), Counter Offer(by Offeree), Lapse o