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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 .
The English common law established the concepts of consensus ad idem, offer, acceptance and counter-offer. The leading case on counter-offer is Hyde v Wrench [1840]. [ 3 ] The phrase "Mirror-Image Rule" is rarely (if at all) used by English lawyers; but the concept remains valid, as in Gibson v Manchester City Council [1979], [ 4 ] and Butler ...
Law schools that offer accelerated JD programs have unique curricula for such programs. Nonetheless, ABA-approved law schools with Accelerated JD programs must meet ABA rules. Finally, the emphasis in law schools is rarely on the law of the particular state in which the law school sits, but on the law generally throughout the country.
In the United States, an exception is the merchant firm offer rule set out in Uniform Commercial Code - § 2-205, which states that an offer is firm and irrevocable if it is an offer to buy or sell goods made by a merchant and it is in writing and signed by the offeror. [2] Such an offer is irrevocable even in the absence of consideration. If ...
The posting rule (or mailbox rule in the United States, also known as the "postal rule" or "deposited acceptance rule") is an exception to the general rule of contract law in common law countries that acceptance of an offer takes place when communicated.
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Many, or perhaps most, law schools in the United States grade on a norm-referenced grading curve.The process generally works within each class, where the instructor grades each exam, and then ranks the exams against each other, adding to and subtracting from the initial grades so that the overall grade distribution matches the school's specified curve (usually a bell curve).
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