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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In the given question the issue is whether there is a binding contract between Gerard and Reg. A contract can be defined as a voluntary assumption of obligation .In order to establish a contract there must be an offer followed by an acceptance. In order to see whether the parties have come to an agreement the court would look at the intention of the parties. Intention will be looked at objectively .In applying the objective test the courts consider whether the reasonable person in the other parties’
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Acceptance is Freedom Freedom is a word that we use so often‚ but what does it truly mean? Everyone has a different definition of what freedom is. Some believe that freedom is saying whatever you want without consequences or doing what you want without consequences‚ while others believe that freedom is about equality. However‚ author Ambrose Flack presents a new and refreshing viewpoint. In his short story‚ The Strangers That Came to Town‚ Ambrose Flack is showing that true freedom is about
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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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Bibliography: http://en.wikipedia.org/wiki/Offer_and_acceptance http://www.positivelyyoursinc.com/spiritually-inspiring/simple-spiritual-concepts/the-law-of-acceptance-and-divine-order/ Business Law‚ ( LAW 3235) ‚ prepared by Azza Isma Moideen‚ ( Manual for Internal Circulation Only)
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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
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Acceptance Sampling Acceptance sampling has traditionally been a partner of statistical process control and control charts in the area of statistical quality control. Products are shipped around in batches or lots‚ and the idea behind acceptance sampling is that a batch can be declared to be satisfactory or unsatisfactory on the basis of the number of defective items found within a random sample of items from the batch. Thus acceptance sampling provides a general check on the “quality” of the items
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Annual prize distribution | | | |The program is about to commence. We need no musical interlude. Therefore you are requested to switch off your mobile phones. | |
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In March 2004‚ WM Morrisons PLC completed the takeover of Safeways with a £3bn offer of cash and shares‚ this deal instantly made Morrisons a nationwide company and the 4th largest retail supermarket in the UK with its total store count jumping up from 199 to 403 currently‚ after the purchase of stores from the Somerfield/Cooperative group. With “every week 9 million customers pass through our doors and 124‚000 colleagues across the business work hard each day” Morrisons (N/A)‚ this is a far cry
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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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