Essays on Offer and Acceptance

Contract Elements: Types, Characteristics, Legal Cases

A contract is an agreement that the law will apply and it’s created between two or more parties or between businesses where both parties will sign a contract if they agree to the offer of one party. Acceptance is important in a contract as both parties would have to accept or reject the offer that’s...
1674 Words 4 Pages

Types Of Contract And Principles Of Contract Formation

Introduction A Contract is a pledge that is enforceable by the law. The pledge could be to either perform or refrain from an act. Creating a contract needs the mutual consent of two or more people, one who makes an offer (Seller) and another of who accepts (Buyer). When one party fails to deliver on...
690 Words 2 Pages

Basic Rules for Offer and Acceptance Applied in Determining the Validity of Contract

Introduction The underlying key principles in the formation of a contract pertains to the enforcement of rights, duties and obligations between legal subjects. Communication plays a significant role as it determines the validity and establishment of contractual obligations or duties between parties. English law notably has followed the traditional doctrine for concluding a contract by...
1847 Words 4 Pages
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