enow.com Web Search

Search results

1. Results from the WOW.Com Content Network

2. Offer and acceptance - Wikipedia

   en.wikipedia.org/wiki/Offer_and_acceptance

   Contract law. Offer and acceptance are generally recognized as essential requirements for the formation of a contract (together with other requirements such as consideration and legal capacity). Analysis of their operation is a traditional approach in contract law. This classical approach to contract formation has been modified by developments ...

3. Memorandum of understanding - Wikipedia

   en.wikipedia.org/wiki/Memorandum_of_understanding

   Memorandum of understanding. A memorandum of understanding (MoU) is a type of agreement between two (bilateral) or more (multilateral) parties. It expresses a convergence of will between the parties, indicating an intended common line of action. [1] It is often used either in cases where parties do not imply a legal commitment or in situations ...

4. Adams v Lindsell - Wikipedia

   en.wikipedia.org/wiki/Adams_v_Lindsell

   Adams v Lindsell. Adams v Lindsell (1818) 1 B & Ald 681, is an English contract case regarded as the first case towards the establishment of the "postal rule" for acceptance of an offer. Ordinarily, any form of acceptance must be communicated expressly to an offeror; however, it was found that where a letter of acceptance is posted, an offer is ...

5. Invitation to treat - Wikipedia

   en.wikipedia.org/wiki/Invitation_to_treat

   t. e. An invitation to treat (or invitation to bargain in the United States) is a concept within contract law which comes from the Latin phrase invitatio ad offerendum, meaning "inviting an offer". According to Professor Andrew Burrows, an invitation to treat is. an expression of willingness to negotiate.

6. Peppercorn (law) - Wikipedia

   en.wikipedia.org/wiki/Peppercorn_(law)

   Contract law. In legal parlance, a peppercorn is a metaphor for a very small cash payment or other nominal consideration, used to satisfy the requirements for the creation of a legal contract. It is featured in Chappell & Co Ltd v Nestle Co Ltd ( [1960] AC 87), an important English contract law case where the House of Lords stated that "a ...

7. Intention to create legal relations - Wikipedia

   en.wikipedia.org/wiki/Intention_to_create_legal...

   A contract is a legally binding agreement. Once an offer has been accepted, there is an agreement, but not necessarily a contract. The element that converts any agreement into a true contract is "intention to create legal relations". There must be evidence that the parties intended the agreement to be subject to the law of contract.