Does anybody know how many steps there are to create a contract?

There are 6 elements

offer and acceptance, genuine agreement, capacity, consideration, legality, and written

or proper form

Name the 6

Very good Elisabeth !

So Ms.Dixon, how can an offer be ended?

Offers can be ended in 7 different way's. by revocation by offeror, time stated in the offer, reasonable time length, rejection by offeree, counteroffer, death or insanity, and destruction of the product.

Whats the difference between an offeror and an offeree?

Well chase, an offeror is the person making the offer, while the offeree is to whom the offer is being made to.

What if the offeree or the offeror wants to change the offer just a little. can they do it?

Yes, that could be considered an counteroffer. a counteroffer is when an offeree changes the terms and sends it back to the offeror.

Is there a way to keep a offer open longer then its original date?

There is 2 ways to keep an offer open, options and firm offers. an option is when the offeree gives the offeror something of value in return to keep the offer open, firm offers act just like options but is written.

What does " capacity to contract " mean ?

Capacity to contract means the legal ability to enter a contract and understand the consequences.

Can me and chase make a friendly contract together ?

You sure can Elizabeth, lets make a contract.

YAAY !! We can make a contract