The drafting of the valid agreement between the parties of the contractual relations is the key pillar for the maintenance of the credible business relations with the occurrence of the relevant rights and responsibilities between the participants of the contract. Based on the validity of the agreement, it is possible to prove the attitude of one party to the another one, interpret the scope of the rights and several other moments in terms of the contract law. With that, the validity of the agreement is grounded on some points based on which the findings regarding its force may be ...
Essays on Offer And Acceptance
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Contract of Sale of a Good and Legal Obligations of Concerned Parties
Introduction This research paper presents an analysis of a case study and is written to address breach of law of contract concerning sale of a good (bicycle) by a last year student named Jonas. He placed an advertisement in one of the sports magazine making an offer to the general public to sell his bicycle. Jonas was approached by two first year students named by Sarah and Saleh at different times on the same day. As this last year student was not aware about the telephonic message placed by Sarah, he sold the bicycle to another first year student ...
Issues
This case concerns the analysis of the validity of the offer and its acceptance under the terms and rules of the contract law made in different forms by virtue of the advertisements in the newspaper.
Contractual relations are comprised out of two primary pillars as the offer and acceptance. In fact, the one party to the contractual relations should provide the other one with the offer. In case the second party accepts this offer this implies that these people have entered into the legal and binding relations. Given the merits of the case, one may see that Philip plays ...
Univeristy
RE: Breaching of the Law of Contract FACTS Contract law differs from one to another country, and it has some difference in its enforcement, legality, and remedies for the contract breach. It is always recommendable to have a lawyer before entering into any contract because once the contract is made each party gets responsibilities to fulfill, failing to do can lead to legal consequences.
ISSUE
There was a contract between Joseph (Distributor of novelty supplies or seller) and Steve (Buyer of the candy) where the seller and buyer agreed that Joseph would supply 3000 miniature novelty candy bars at fifty ...
Introduction
Terms and conditions of service in a job relationship can be created by articulate oral agreement or through the conduct of the parties involved (Miller & Jentz, 2009). New and modified terms of a contract can take place if a worker has been employed for a period of time that is reasonable and where the employment has undergone changes. Changes such as promotions, increase in remunerations among other things may change the employment contractual terms and have to be mutually agreed explicitly or by the parties’ conduct.
In this paper, will be an elaborate discussion of the true nature of the contractual relationship between ...
Introduction
The contemporary economy is rooted on the liberty of persons to have contracts and a structure of decrees that administers contracts liberally entered into. However many individuals might not be abreast of what are the indispensable elements prerequisite in making an enforceable contract. In recent times, individuals have always thought a contract not in text was not binding. Individuals are extremely prone to sighting contracts in form of writing that countless undertake that a contract need be in writing and extensive prior to it being enforceable. Agreement is indispensible to any type of contract. Before a contract can be existent, there need ...