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  2. Offer and acceptance - Wikipedia

    en.wikipedia.org/wiki/Offer_and_acceptance

    If the offer specifies a method of acceptance (such as by post or fax), acceptance must be by a method that is no less effective from the offeror's point of view than the method specified. The exact method prescribed may have to be used in some cases but probably only where the offeror has used very explicit words such as "by registered post ...

  3. Invitation to treat - Wikipedia

    en.wikipedia.org/wiki/Invitation_to_treat

    For example, where an offer is made in response to an invitation to treat, the offer may incorporate the terms of the invitation to treat (unless the offer expressly incorporates different terms). If, as in the Boots case (described below) the offer is made by an action without any negotiations—such as presenting goods to a cashier—the ...

  4. Breach of contract - Wikipedia

    en.wikipedia.org/wiki/Breach_of_contract

    Breach of contract is a legal cause of action and a type of civil wrong, in which a binding agreement or bargained-for exchange is not honored by one or more of the parties to the contract by non-performance or interference with the other party's performance. Breach occurs when a party to a contract fails to fulfill its obligation(s), whether ...

  5. Power of acceptance - Wikipedia

    en.wikipedia.org/wiki/Power_of_acceptance

    In the American case Panhandle Eastern Pipe Line Co. v. Smith, [35] the plaintiff company dismissed the defendant employee, but the plaintiff made an offer by means of a letter to withdraw the dismissal if the defendant would agree to comply with certain terms and conditions. The defendant signed the letter, and added a condition that he would ...

  6. Posting rule - Wikipedia

    en.wikipedia.org/wiki/Posting_rule

    Day 2: A decides to revoke the offer and puts a letter in the mail to B revoking the offer. Day 3: B puts a letter accepting the offer in the mail. Day 4: B receives A's revocation letter. The letter of revocation can be effective only when received, that is Day 4. However, a contract was formed on Day 3 when the letter of acceptance was posted.

  7. New York starts 2025 with expanded paid leave, other new laws

    www.aol.com/york-starts-2025-expanded-paid...

    (The Center Square) — New York will usher in a host of new laws in 2025 that will expand paid leave and worker's compensation benefits, reduce the cost of insulin for diabetes patients and make ...

  8. Should you use a home equity loan to pay for medical bills? - AOL

    www.aol.com/home-equity-loan-for-medical-bills...

    FAQs: Medical debt, home equity loans and keeping your finances safe. See common questions about borrowing to pay for medical debt. And find more help in our growing library of personal finance ...

  9. Anticipatory repudiation - Wikipedia

    en.wikipedia.org/wiki/Anticipatory_repudiation

    If such reasonable assurances are not given, it will constitute anticipatory repudiation, for which the performing party has various remedies, including termination. However, anticipatory repudiation only applies to a bilateral executory contract with non-performed duties on both sides. Additionally, the repudiation must be unequivocal.

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