yes, when you post your e-mail that will act as an acceptance and a contract will be formed. A contract can be formed through any means of communication including e-mail.
The distinction is important because accepting an offer creates a binding contract while "accepting" an invitation to treat is actually making an offer.
It is when the letter of offer is responded to by a sufficient and communicated acceptance, and supported by legally-sufficient consideration to form a contract, with no defenses as to its enforcement.
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.
In contract law, an invitation to treat is an invitation for someone to make an offer, while an offer is a specific proposal that, if accepted, forms a legally binding contract. An invitation to treat is not binding, but an offer can be accepted to create a contract.
A contract is a legally binding document. If it was signed, it is serious.
Yes, an offer letter is typically considered a legally binding contract once it is accepted by the recipient.
Yes, an invoice can serve as a legally binding contract if it contains all the necessary elements of a contract, such as an offer, acceptance, consideration, and mutual agreement.
Offer and acceptance are required to create a legally binding contract. The offer is contracted and then by signing the contract the other person indicates their acceptance of the terms.
Offer, acceptance, and consideration.
Yes, a signed piece of paper can be legally binding in a contract if it meets the necessary requirements for a valid contract, such as offer, acceptance, consideration, and intention to create legal relations.
An invitation to treat is where a person or business invites people to make an offer to form a contract. It can be confused with an offer in that accepting an offer creates a binding contract, whereas accepting an invitation to treat only constitutes making an offer. An example of an invitation to treat is a store's ad in the Sunday paper. Conditional auctions (those where the winning bid is subject to the seller's approval) are also invitations to treat, but a traditional auction is an offer. The below links can give you more information on invitations to treat. Because invitations to treat are jurisdictional-specific, you should contact a contract law attorney in your area for detailed information on your state's law.
For a contract to be legally binding, it typically needs four key elements: an offer, acceptance, consideration (something of value exchanged), and the intention to create a legal relationship.