Offer and acceptance is one the main 7 essentials to create a legally binding contract since a contract is based on agreement. It is also an essential for a court to arbitrate problems. An offer is a manifestation (orally‚ in writing‚ or by conduct) of willingness to enter into bargain‚ which justifies another person’s understanding of assent to that bargain is invited and will conclude the transaction. An Offeror is the party who makes the offer. An offeree is the party who receives the offer and
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Treatment Program for prisoners Many challenges confront the criminal justice system. One major perennial question is: How can we more effectively deal with individuals who have drug and alcohol problems and are also involved in criminal activity? The complex relationships between drugs and crime have been extensively analyzed. Generally‚ these studies confirm that drug and alcohol abuse is associated with criminal activity.The magnitude of this problem is also indicated by the recurring finding
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idem in a legal relation. An offer is a necessary element that must present for a legally binding contract to be in place. An offer and an invitation to treat are two different aspects. An invitation to treat is defined as an action inviting other parties to make an offer to form a contract‚ whereas an offer is an expression made by offeror to offeree communicating the offeror’s willingness to perform a promise. The distinction is important because accepting an offer creates a binding contract
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The Effectiveness of Acceptances Communicated by Electronic Means‚ or — Does the Postal Acceptance Rule Apply to Email? Eliza Mik* The ‘traditional’ classification into ‘instantaneous’ and ‘non-instantaneous’ methods of communication must be abandoned. As all Internet transmissions are instantaneous‚ the choice between the principle of receipt and the postal exception must be based on other criteria. The focus must be shifted from communication devices to the characteristics of the communication
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Four main justifications of Postal Acceptance Rule i. ‘Ad infinitum’ Justification Postal rule had existed almost for 200 years and the post had been creating problems for people which the courts are obliged to solve them logically. Why it had been creating so many problems for people and that we will be discussing later on. For now let’s look at the four main justifications for postal rule of acceptance. It came from Treitel and he believes that the four main justifications are for the creation
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I feel honored to be considered for acceptance into the National Honor Society. I feel a great pride to even be considered by such a stellar organization. I feel that I am deserving of admittance into the National Honor Society by way of my leadership qualities and academic performance during my high school career. I am student that is involved in the arts and sciences more than sports. I never played a team sport in high school‚ but I feel that marching band and musical alike have allowed to
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ISB 547 (Islamic Banking & Financial Services) Islamic Acceptance Bills Introduction Islamic Acceptance Bill is one of the Islamic financial instruments that are traded in Islamic Inter-bank Money Market. Islamic Acceptance Bills are traded based on Murabahah and Bay’ al Dayn concept similar to the other financial instruments such as Islamic mortgage bond and Islamic private debt securities. The Inter-bank Money Market‚ in turn‚ is the place where a set of activities
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Do the courts always rigorously apply the established rules of offer and acceptance governing the formation of contracts? Put bluntly‚ no‚ the courts do not always rigorously apply the established rules of offer and acceptance governing the formation of contracts. Judgments by Lord Denning in Butler Machine Tool Co Ltd v Ex-Cell-O Corporation Ltd (1979) and Gibson v Manchester City Council (1979) have challenged this ‘mirror image’ approach. Nonetheless‚ these are very much exceptions to the general
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Discuss the costs and benefits (meeting or exceeding quotas‚ turnover rates of recruits‚ success of the recruits on the job‚ job acceptances via different sources‚ and estimates of quality of hires) of a recruitment strategy used by a particular organization that you are familiar with (either your own or some other setting). You may need to estimate‚ gather from experts and/or guess at some of these figures. Be sure to cite (APA) where appropriate. There are a lot of benefits of using recruiting
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Controlling Q3. _________________ means “group of activities & employees into departments.” a. Orientation b. Standardization c. Process d. Departmentation Q4. This theory states that authority is the power that is accepted by others: a. Acceptance theory b. Competence theory c. Formal authority theory d. Informal authority theory Q5. It means dispersal of decision-making power to the lower levels of the organization: a. Decentralization b. Centralization c. Deispersion d. Delegation
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