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Explain Various Legal Rules Regarding Valid Offer Valid Acceptance Essays and Term Papers

  • Rules of Offer and Acceptance

    In this essay, I am going to analyse the rules of offer and acceptance and then come to a conclusion as to how satisfactory I think each of them are and why. In its general sense, an offer is an indication or proposal by one person or party (offeror) to another (offeree). It consists of one party...

    1991 Words | 5 Pages

  • Rules for Offer and Acceptance

    Introduction: Rules of Offer and Acceptance are applied to enforce an agreement by the law. This agreement is the first requisite of any contract of the business. In order to a contract come into being between parties, the offer is made by the offeror and the oferee accept that offer. In 21st century...

    993 Words | 3 Pages

  • Understand the Legal Requirements for a Valid Contract

    Understanding the legal requirements for a valid contract The essential elements for a contract, who apply in all cases, are: 1. Offer- made by offeror to the offeree , it is very important to distinguish this from invitation to treat ( which invites offers to be made) 2. Acceptance – Offeree...

    4307 Words | 12 Pages

  • Not Valid

    Friendship plays a major role in an ordinary person’s life. Friendship is an interpersonal relationship between the two persons. Friendship comes with friends which are not the part of our social circle but the part of our lives, people with whom we can share our joys and sorrows. Friendship is the blessing...

    1523 Words | 4 Pages

  • Not Valid

    ARTIST MANAGEMENT AGREEMENT AGREEMENT made this _____day of ___________________, 20____ by and between (Artist)_________________ (hereinafter referred to as "Artist" and (Manager)_____________ ________________, (hereinafter referred to as "Manager") NOW THEREFORE, in consideration of the...

    1393 Words | 5 Pages

  • Valid Points

    Corrected Paragraph F.A. : Individuals denied credit by law will receive a letter documenting the reason for the denial under the Fair Credit Reporting Act. I choose this sentence because the fact it is true. The individuals will receive a letter when they are denied credit. When, I was reading the paragraph...

    411 Words | 1 Pages

  • The Valid Contract

    A valid contract consists of all essential components which present and the court will enforce as a legally binding promise . One of the elements contract to create a contract is agreement which included an offer and acceptance. “Acceptance is a final and unqualified assent to the terms of the offer,...

    2101 Words | 6 Pages

  • Valid Contract

    study which agreements are contracts, their distinction different types of agreements and contracts. Essentials Elements of a Valid Contract: 1. Proposal and acceptance 2. Consideration – lawful consideration with a lawful object 3. Capacity of parties to contract – competent parties 4. Free consent ...

    936 Words | 3 Pages

  • Valid Contract

    Importance of essential elements required for formation of valid contract The contract law is a situation where law is related to business transactions. In the situations good are purchased, sold, as well as moved through the contract. The employees are hired, land are developed, sold, bought leased...

    3689 Words | 11 Pages

  • Valid Contracts

    Valid Contracts Victoria Glaser American Intercontinental University Abstract A contact is a legal binding agreement made between two parties. A contract is only enforceable if both parties involved in the contract have agreed to give or receive something of value. When going...

    1291 Words | 5 Pages

  • Valid Contract

    Essential features of a valid contract Contracts come in all shapes and sizes. Some are verbal, some are written. Some are formal, some informal. The use of the internet and electronic technology is also becoming increasingly common in the context of forming contractual relationships.  It is, therefore...

    810 Words | 3 Pages

  • Valid Arugment

    In order to have a well-supported valid argument, it must consist of premises that both hold truth value which then leads to a conclusion that must also be true. Given the situation of Larry who is presented with a job, but is concerned that the chemical weapons he will be making will be used in wars...

    954 Words | 3 Pages

  • Valid contract

    running. There are various reasons as to why I decided to focus on the quality of food produced. Quality is the main aspect that most of the clients search in the food market. Food is a extremely sensitive matter in an individual’s life therefore, it is extremely valued. The company that offers the most quality...

    1521 Words | 5 Pages

  • Offer & acceptance

    This relates to how power is distributed. - Where power is more evenly distributed, governance is seen as better. You get the idea of having a voice and being afforded a voice. If you take it to the Private Sector, senior management feeds into the governance. A marker for poor governance would be...

    601 Words | 2 Pages

  • Offer and Acceptance

    Introduction Offer and Acceptance Introduction: For a contract to be legally binding there needs to be 4 ingredients: 1. Offer 2. Acceptance 3. Intention to create legal relations 4. Consideration Building on this, in order to prove that a contract is legally binding 5 things...

    8823 Words | 25 Pages

  • Offer and Acceptance

    enforceable agreement is the offer of the contract and the acceptance to its terms. An offer is a “statement from the offeror to the offeree identifying the terms by which the party is willing to be bound” and when the offeree replies, a contract is then made. However, an offer is not to be confused with...

    1361 Words | 4 Pages

  • Offer and Acceptance

    Business Law: Offer and Acceptance. For a simple contract to be valid one party must make an offer and the other party accept it. ‘An offer is made where a person (the offerer) unequivocally expresses to another (the offeree) his willingness to make a binding agreement on the terms specified by him...

    1530 Words | 4 Pages

  • Offer and Acceptance

    Without offer and acceptance there can be no contract and so it is essential that the law provides rules to identify what constitutes both an offer and an acceptance. An offer may be defined as a statement of willingness to contract on specified terms made with the intention that, if accepted, it shall...

    1158 Words | 3 Pages

  • Offer and Acceptance

    For a Simple contract to be valid one party must make an offer and the other accept it (see: Acceptance of offer). The offer will usually indicate the form the acceptance should take (e.g., in writing, by post), and may indicate when the acceptance will be deemed to have occurred (e.g., on delivery of...

    519 Words | 2 Pages

  • Offer and Acceptance

     In the case of Adams v. Lindsell it established the postal rule which stated, acceptance is effective on posting, this means in some situations where a letter of acceptance was by post, the acceptance will be effective at the time and place of posting even if the offeror has no knowledge of this. ...

    494 Words | 2 Pages