Well, if the contract is written, you both sign it. That would constitute acceptance. Or if it is verbal, you both agree upon it and then go forward with the terms. Verbal agreements are not as good as details can get left out or forgotten, so if you can, always have written agreements. You will find you limit any possibility of problems in the future. Now, if this agreement doesnt work the way it was originally intended, you can ammend it, or you can put forth another proposition, or accord and satisfaction, which means, one gave a remedy or solution and the other accepted. But I would always have a witness, if it was verbal or get out the original written contract, amend it, lets say on the back or where there is room to write, and then sign it again with the new date. These are all tips to hopefully, stop potential problems and allow the agreement to go forth where everyone is happy.
Enforceble contract is a contract which is done with the acceptance with both parties
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.
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.
you can prepare a contract if and only if there is a valid offer and an acceptance supported by a consideration. in proerty law you prepare a contract at the completion of offer acceptance, investigation of title and exchange of sale price.
In legal terms, for an acceptance to be valid, it must be communicated through words or conduct that clearly demonstrate agreement to the terms of an offer. Simply thinking about acceptance without expressing it is not sufficient for a legally binding contract to be formed. Communication is key in contract law.
Equitable.Equitable.Equitable.Equitable.
No. A contract with a minor by definition is characterized by offer, acceptance and consideration. Minority is an affirmative defense to liability for non-performance of the contract.
They are valid element of a contract they are offer and acceptance, legality consideration capacity terms
acceptance
Breach of Contract!
A railway or airline timetable is typically considered an invitation to treat rather than a legally binding offer. This is because it is an indication of the availability of services and schedules, rather than a specific proposal to enter into a contract. The acceptance of a timetable by purchasing a ticket would usually constitute the formation of a contract between the passenger and the transportation company, based on the terms and conditions outlined in the ticket purchase.
An offer is valid only if it is made with an intention of getting the assent of another. when there is no acceptance the contract does not come into existence. For a valid contract there must be consideration which need not be adequate.