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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.
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Is the contract in the movie Indecent Proposal valid?
no
Can a proposal be included in the contract?
Yes, a proposal can be included in a contract, often as an attachment or exhibit. This inclusion helps clarify the terms and expectations agreed upon by both parties. However, it’s important to ensure that the proposal is explicitly referenced in the contract to avoid any ambiguity. It’s advisable to have legal counsel review the contract to ensure all elements are properly integrated and enforceable.
What are the essential ingredients of a legally enforceable contract?
To make a contract as per Indian Contracts Act, the following are the essential ingredients a. Proposal whether oral or written b. The person who makes an proposal c. Knowledge of the proposal d. free consent for Acceptance / revocation of the proposal e. consideration f. The person who accept / revoke the proposal
Is a business proposal a legal contract?
No yet, but could be. A business proposal is an offer given prior to the actual legal contract that the buyer / seller have agree upon. While the business proposal becomes the framework of the business itself, the legal contract which is a separate written agreement for both enlisting the responsibilities, duties, and scope of both once the business is established.
What is Technical Proposal?
A technical proposal is a document that lists and defines the technical requirements of a contract or a project, and explains the approach and plan formulated to address them.
The CORs authority is delineated in which document?
Appointment or designation letter
What is the meaning of proposal or owner in insurance terminology?
Proposal is the terms of the contract. with the premiums and benefits defined. The owner is the person who buys the policy. The owner could also be the insured, but does not have to be.
What did the proposal of James hutton become known as?
Gradualism
Acceptance under Indian contract act 1872?
the acceptance is the assent given to a proposal and it has the effect of converting the proposal into promise!!!section2(b) of Indian contract Act defines Accptance as follows,''when the person to whom the proposal is made signifies his assent therto,the proposal is said to be accepted.Aproposal,when accepted,becomes a promise.''Essentials of a valid Acceptance,1) it suld b fobbiden by law
What are characteristics of an offer?
An offer is a specific proposal to enter into an agreement with another. An offer is vital to the formation of an enforceable contract. An offer, and the acceptance of the offer, creates the contract.
Essential Ingredients of a proposal in contract act 1872?
a person 2 willingness 3 to do or to abstain to do 4
What is a technical proposal?
A technical proposal lists the technical requirements of a project and develops an approach or plan to accomplish the goals. Often companies gather more than one proposal.
