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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applies. In the case of Quenerduaine v. Cole it stated where an offer was made by telegram and acceptance by post‚ it was not seen as reasonable that the postal rule should apply and therefore the acceptance took effect on receipt. This links closely to the case of Susan and Manesh as the issue is whether the postal rule applies. Although there was a firm acceptance of the offer‚ the fault came at the post office. Due to the fact that the offer was by email and the acceptance was by post‚ using the case
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position_paper.doc 2/8/2011 How to Write a Position Paper The purpose of a position paper is to generate support on an issue. It describes a position on an issue and the rational for that position. The position paper is based on facts that provide a solid foundation for your argument. 1 In the position paper you should: • Use evidence to support your position‚ such as statistical evidence or dates and events. • Validate your position with authoritative references or primary source quotations
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Merchants in the middle ages played a part to make society what it is today. Merchants are referred to as business people who were involved in trade or retail to earn a living. The skill of trading in the Renaissance time‚ used by merchants‚ is reflected in the trading that occurs in the present century. Over time‚ merchants grew wealthy‚ but not before they were discriminated against by some of society. The job of a merchant may come across as simple‚ but in fact merchants in the Renaissance era
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Proposition 187: Racism in 20th Century America Living in the United States of America we are promised three things‚ life‚ liberty‚ and the pursuit of happiness. The Declaration of Independence sets forth these three unalienable rights‚ which it argues are given to all human beings and should be protected by the government. While these three things may be protected under American law‚ there is no doubt that within our society exists a racial hierarchy; one in which whites are at the top and everyone
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09 November 2012 Mr. Sumit Sachan Uttar Pradesh Dear Sumit‚ We are pleased to offer you the position of ‘Guest Service Associate – Food and Beverage’ with Courtyard by Marriott‚ Bhopal as agents of Deligent Hotels Corporation Pvt. Ltd. with effect from 03 December 2012. However‚ this offer is subject to you being declared medically fit by a reputed medical practitioner and satisfactory references from your referees. Your compensation will be Rupees 11‚075/- per month [Total Remuneration]. The breakdown
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Merchant Banking Merchant banking may be defined as‚ “an institution which covers a wide range of activities such as management of customer services‚ portfolio management‚ credit syndication‚ acceptance credit‚ counselling‚ insurance‚ etc.” Merchant Banks are popularly known as “issuing and accepting houses”. They offer a package of financial services. Unlike in the past‚ their activities are now primarily non-fund based. One of the basic requirements of merchant banks is highly professional
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the most noteworthy figure in Shakespeare’s comedy‚ The Merchant of Venice. No consensus has been reached on whether Shylock is a tyrannical villain or a tragic victim. Shylock‚ in my opinion‚ is a bloodthirsty villain. In the following paragraphs‚ it will be shown that Shylock is a villain in every sense of the word. Namely‚ he is vengeful‚ very materialistic and shrewd. Firstly‚ Shylock is extremely vengeful. When Salerio asks Shylock what good would Antonio’s flesh do Shylock if Antonio forfeits
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Introduction The purpose of the following paper is to explain California’s Proposition 21. This writer will explain the pros and cons about this proposition; as well as what voters voted for when they chose “yes” for this proposition. Research will be done in order to explain what the reasoning for Proposition 21‚ and the changes that occurred when it enacted in the State of California. The following information will be provided as well; prosecution of juveniles in adult court‚ juvenile incarceration
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Offer Proposal is defined under section 2(a) of the Indian contract Act‚ 1872 as "when one person signifies to another his willingness to do or to abstain from doing anything with a view to obtain the assent of that other to such act or abstinence‚ he is said to make a proposal/offer". Thus‚ for a valid offer‚ the party making it must express his willingness to do or not to do something. But mere expression of willingness does not constitute an offer. The rules regarding the offer are The offer
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