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Is a ( Verbal ) contract legal in the state of Indiana?
What legal wieght does a verbal contract carry, specifically in regards to an offer to sell an item?
Is a contract legal if the offer is not made seriously?
A contract is a legally binding document. If it was signed, it is serious.
Key elements of a valid contract?
Offer and Acceptance Consideration Legal relationship Certainty and not vague Completeness of the contract
What are the basic requirements regarding an offer?
An offer is a specific proposal to enter into an agreement with another party, either personal or commercial. An offer is the essential element of an enforceable contract. An offer and the acceptance of the offer constitutes all that is necessary to create a legal contract.
What is the difference between offer and invitation to trade?
offer is a legal step in the start of a contract. invitation to trade is just that. An invitation to any and all parties interested in engaging in contract talks.
Can a proposal become a contract?
Yes, if the proposal contains an offer to contract, and that offer is accepted by the other party, and the contract meets all the other legal criteria for enforceability. You should never offer a proposal if you don't want to be bound by the contact that it would create when it is accepted.
Is an offer and acceptance a binding contract?
Yes, an offer and acceptance form the basis of a legally binding contract. Once an offer is made by one party and accepted by the other party, with agreement on the terms, consideration, and intention to create legal relations, a contract is formed.
Is it legal to take the appliances when you sell your house in Florida?
Only if they belong to you.Another View: This is a matter covered by the offer to purchase and the contract of sale. If you wish to take the appliances and you do not disclose this, then the applicances must remain and convey with the house.
Can you get some free mobile software?
There are sites that offer free mobile software with the purchase of a contract. Typically this will bind you in a contract with the company for a period of two years.
What is purchase orders?
A purchase order is an official offer for services or products and the prices as agreed upon. The acceptance of a purchase order by a seller becomes a binding contract between the parties.
What does contract pending mean realestate?
In real estate, "contract pending" means that an offer to purchase has been made and tentatively accepted. The contract is in the process of being finalized and signed by both parties.
What are the components of an offer?
An offer is a component part of a contract. There are three steps in creating a valid contract: the offer, the acceptance of the offer and an exchange of consideration.An offer is a component part of a contract. There are three steps in creating a valid contract: the offer, the acceptance of the offer and an exchange of consideration.An offer is a component part of a contract. There are three steps in creating a valid contract: the offer, the acceptance of the offer and an exchange of consideration.An offer is a component part of a contract. There are three steps in creating a valid contract: the offer, the acceptance of the offer and an exchange of consideration.
