18:44 Feb 16, 2004 |
English language (monolingual) [PRO] Law/Patents - Law: Contract(s) | |||||||
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| Selected response from: Kim Metzger Mexico Local time: 19:43 | ||||||
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SUMMARY OF ALL EXPLANATIONS PROVIDED | ||||
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4 +2 | conclusion |
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5 | do |
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5 | formation process for this contract is flawless |
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4 | more context please |
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4 | its founding; its creation; its establishment |
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1 | drawing up / execution |
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Discussion entries: 1 | |
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more context please Explanation: Here are two ideas in the mean time. It could mean "construction" or it could mean it's order. But finishing the sentence may give us more context... |
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conclusion Explanation: Contract Formation When is a contract formed? It is formed when the following things have taken place. We call these things 'essentials' or 'elements'. Essentials/elements: 1. The intention to assume a legal obligation. 2. Offer and acceptance. 3. Consideration. 4. Certainty of terms – essential terms must be certain. 5. Genuine consent. 6. Privity/Agency. http://www.business.vic.gov.au/CA256C9200180F11/All/BC2658A0... |
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