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 on which the offeror is willing to be bound. When an offer has been made‚ it doesn’t means a contract has formed until the offeree accepts the offer. The "expression" referred
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Environmental Audict on Easy jet(the factors that can influnce the company) A)Five porter’s forces: *Threats from new entrants : When new airlines enter the market ‚how they affect easy jet *Threats from subsititue products: more options to go to a destination such as buses‚train..how these things affect easy jet *Bargaining power of suppliers: if plane manufacturer factories sell planes with a high price ‚how this affect the easy jet’s finance *Bargaining power of buyers: for instance easy jet makes a
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instances artwork may have no meaning at all. It can be inferred that telling a story through art is dependable‚ this topic is debatable. To further elaborate‚ some canvases can just be abstract or for the purpose of home décor. Context‚ Conflict‚ Climax‚ Closure &
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“The verification principle offers no real challenge to religious belief.” Discuss [35] The verification principle is a significant concept used by many philosophers in order to determine whether a religious statement is meaningful or not. This was highly influenced by logical positivism: group of 20th century philosophers called the Vienna circle and was then further developed by British philosopher A.J Ayer. Religious language refer to statements such as ‘God exists’ and ‘God loves me’. Whilst
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The Constitution of the Philippines allows the House of Representatives to have more than 250 members by statute without a need for a constitutional amendment. The Senate or Senado has 24 members which are elected on a nationwide at-large basis; they do not represent any geographical district. Half of the Senate is renewed every three years. The Philippines has a multi-party system‚ with numerous parties in which no one party often has a chance of gaining power alone‚ and parties must work with
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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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1. Target Markets – The market of this area is covered by only two large retail stores other than the local grocers. Among them EasyDay enjoys almost a monopolistic status as they focus on making the basic experience of shopping an easy and delightful one and hence inducing a sense of well being in the customer. The other outlet i.e. the Vishal Mega Mart loses ground on the service part‚ as a part of the process we actually went on to be the customers and experienced a lack of service in the latter
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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 offers‚ but aren’t always what they
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Yatie‚ and whether the the offer by Yatie was revoked or not. According to (Miller & Jentz‚ 2010) every contract will involve atleast two parties. That is the offeror and the offeree. The offerer is the party who makes the offer‚ and the offeree is the person to whom the offer is made to. OFFER As per (Clarkson‚ Miller‚ Jentz‚ & Cross‚ 2009) an offer is a promise or commitment to do or not to do a certain thing. And there are three elements for an effective offer to be legally bounding from
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Contract Law- Offer and Acceptance Enforcement of promises Criteria: 1. Offer and corresponding Acceptance 2. Consideration 3. Intention to create legal relationship 4. Certainty I. Formative elements – will theory of K Offer - an expressionof willingness to contract upon certain terms – binding upon acceptance Requisites: (a) Offer will become binding upon acceptance; and [may be prepared to sell] (b) Nothing further remains to be done If no an offer‚ what is it
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