A legally enforceable contract requires the following elements, all of which are discussed in more detail below. An Offer (I’ll mow your lawn this Saturday if you pay me $40) An Acceptance (You’ve got ...

We were shocked. Dear shocked home buyer: Contract law, especially the concept of “offer and acceptance,” can be a tricky area. To be legally enforceable, a real estate contract must contain ...

Contracts are part of doing business. There are contracts with partners and vendors, and there are employment contracts. Most business owners don't have an attorney on retainer to look at every ...

Breach of contract on sales of goods... Most legal wording in contracts is concerned with offer and acceptance. The rules pertaining to offer and acceptance have to do with whether or not the ...

A valid oral contract consists of an offer, usually a price or a promise for some action to be taken, and an acceptance; an agreement accepting the offer in exchange for payment or service.

It is important to be aware of how easy it is to unintentionally create a binding contract when communicating by email. Email communications are the most common form of business communication.

One of Boeing’s largest unions overwhelmingly voted Thursday to strike, rejecting a tentative contract offer from the aerospace ... “We recommended acceptance because we can't guarantee ...