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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A Study of the Spoken Language of Barrack Obama In this study I will be analysing the speech of Barrack Obama‚ in his Victory Speech and his interview with David Letterman on ‘The Letterman Show’. Obama frequently uses many forms of rhetoric when he talks‚ this is too show emphasis on what he is saying‚ in his Victory Speech he starts off straight away with a tri-colon‚ he uses ‘who still’ as the first two words in three consecutive phrases‚ he then anchors it across time by using ‘our founders’
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``“Eyes on the Prize‚” Can Make a Difference. In the video “Eyes on the Prize‚” African Americans were fighting for freedom and civil rights. That’s basically what the prize was. Even though African American were free from slavery‚ which is a condition where a human being is forced into exhausting labor and some freedom‚ they still wanted more. They wanted to be equal. They wanted a different kind of freedom such as equal education‚ equal housing‚ and equal voting. Looking back on our African ancestors
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What are the modes of acceptance recognised under the Contracts Act 1950 (Revised 1974) and common law. Support your answers with reference to decided cases. An acceptance must be communicated for it to be effective and valid. The mental assent of both parties is not required but the external manifestation should exist. The acceptor must dos something in order to notify his acceptance. For example‚ he should communicate his acceptance of the offeror. This can be illustrated
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When doing a business‚ a contract is usually needed. Since a contract is an agreement‚ therefore‚ for a contract to exist‚ the parties must assent to the transaction. Assent usually takes the form of offer and acceptance. An offer is defined by Treitel as "an expression of willingness to contract on certain terms‚ made with the intention that it shall become binding as soon as it is accepted by the person to whom it is addressed"‚ the "offeree". In addition‚ an offer is a statement of the terms
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Illinois voters sent a Democratic newcomer‚ Barack Obama‚ to one of the state’s two seats in the U.S. Senate in 2004. Obama’s landslide victory in Illinois was significant on several fronts. Firstly‚ he became the Senate’s only African American lawmaker when he was sworn into office in January 2005‚ and just the third black U.S. senator to serve there since the 1880s. Moreover‚ Obama’s political supporters came from a diverse range of racial and economic backgrounds‚ which is still relatively rare
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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 the posted acceptance‚ see: Acceptance of offer by post). In seeking to prove that a contract was in existence‚ it will be necessary to show that there was a definite offer. Certain things look like
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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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Barrack Obama was born August 4th‚ 1961 in Honolulu‚ Hawaii. Before being inaugurated as president on January 20‚ 2009 he had a whole different life. He graduated high school at Punahou School in 1979. Following high school‚ Obama moved to Los Angeles in 1979 to attend Occidental College. Later in 1981‚ he transferred to Columbia University in New York City‚ where he majored in political science with a specialty in international relations and graduated with a Bachelor of Arts in 1983. He worked for
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Legal Issue: Is an agreement between two parties enforceable by law 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
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