1. OFFER: Ben has contacted Ting in the subject matter of identifiable object GTX which Ting had inspected two days ago‚ he clearly mentioned terms and conditions i.e. $30‚000 cash and showed an intention to be bound by these terms and conditions 1(Harvy v Facey‚ Graw 6th ed‚ pg 41). 2. MERE INQUIRY: Ting didn’t accept or reject Ben’s offer and inquired about the spare parts which is infact a mere inquiry rather than counter offer as Ting has not put forward any new terms to Ben’s offer in
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• Agreement (Offer and Acceptance) • Consideration • Intention to create legal relations All three scenarios are supported by “consideration”. The general idea of consideration is that contracts involve an exchange in which both parties give something in exchange for the promise of the other. John offers his car in exchange for 10000 euros from Patrick. As the last two steps involved in a contract are met we only look at the agreement‚ if there is an offer and an acceptance
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Contract: Offer and Acceptance LAW 531 December 12‚ 2012 Offer and Acceptance Creating the contract is an extremely difficult process. A contract must have an offer and acceptance determine whether an agreement exists between two parties. An offer is a suggestion made by one person to another of his or her readiness to enter into an agreement under certain terms and conditions without further negotiations. The contract is accepted when the offer has been formally communicated to the offeror
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FORMATION OF A CONTRACT OFFER AND ACCEPTANCE For a contract to be valid‚ firstly there must be an AGREEMENT between the parties i.e. one party must make an OFFER which is UNCONDITIONALLY ACCEPTED by the other. OFFER What is an offer ? An offer is a promise that the person making the offer (known as the offeror) is prepared to be legally bound upon specified terms – he is making a statement of the terms on which he is prepared to be legally bound‚ for example A
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The problem with America’s eating disorder is that we usually believe in the fad diets in order to really lose weight. Why are American ’s so obese compared to other countries around the world? What is the real truth behind the situation? Society is also a giant exploitation of getting into people’s heads in order for them to believe that being a “size 0” is really what everyone needs to be. I believe that these fad diets don’t make any sense and clearly you can lose weight by eating three healthy
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Attorney‚ Bank Guarantee‚ Works Contracts etc‚ Replying to Legal Queries of different departments (In Contracts‚ Land Acquisition‚ Sales‚ Personnel: Labour matters etc)‚ Preparing Company Guidelines‚ Managing the Legal team‚ Direct Interaction with Top Management] ACADEMIC RECORD ➢ B.A.LLB (Hons)‚ a five-year integrated course‚ at National Law Institute University [N.L.I.U.]‚ Bhopal. (2004-2009) ➢ Schooling from K.V Noida‚ with 75% in 10th Class (2002) and 78% in Senior Secondary School (2004).
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performing a dance routine. She does this while waiting for her father Paul‚ a 35 year old man to come and pick her up. Lisa stops singing as soon as she notices her father. Paul encourages her to continue but she refuses. The raising action of the play is when Lisa is irritated that Paul was not present during her dance recital. Lisa does not seem to be content with Paul’s apologies and she answers his questions in a very flat tone. ”How’d it go?”/”Good”/“Just good?”/“You don’t want to be sexy
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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 if they are accepted by the offeree’ (Card 2002). This offer could be made to a specific person‚ in which case it cannot be accepted by anyone other than that individual. On the other hand it could
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companies 2013)‚ It operates over 8000 stores worldwide‚ offer a vary selection of products at a reasonable price. Walmart China opened its first Supercenter in Shenzhen in 1996. As of February 28‚ 2013‚ Walmart operated more than 390 units in over 150 cities in 21 provinces‚ autonomous regions and 4 municipalities in China (Our story‚ Walmart 2013). Walmart’s mission is ’Save people money‚ so they can live better’ (Walmart Annual Report 2008). 2. Value of the production or service provided for customer
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Lasting Impressions Company Lasting Impressions Company (LI) is a medium-sized commercial printer of promotional advertising brochures‚ booklets‚ and other direct-mail pieces. The firm’s major clients are New York- and Chicago- based ad agencies. The typical job is characterized by high quality and production runs of over 50‚000 units. LI has not been able to complete effectively with larger printers because of its existing older‚ inefficient presses. The firm is currently having problems cost effectively
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