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2. Offer and acceptance - Wikipedia

   en.wikipedia.org/wiki/Offer_and_acceptance

   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 .

3. Agreement in English law - Wikipedia

   en.wikipedia.org/wiki/Agreement_in_English_law

   The Carbolic Smoke Ball offer. In English contract law, an agreement establishes the first stage in the existence of a contract. The three main elements of contractual formation are whether there is (1) offer and acceptance (agreement) (2) consideration (3) an intention to be legally bound.

4. United States contract law - Wikipedia

   en.wikipedia.org/wiki/United_States_contract_law

   An acceptance is an agreement, by express act or implied from conduct, to the terms of an offer, including the prescribed manner of acceptance, so that an enforceable contract is formed. [ 2 ] In what is known as a battle of the forms , when the process of offer and acceptance is not followed, it is still possible to have an enforceable ...

5. Mirror image rule - Wikipedia

   en.wikipedia.org/wiki/Mirror_image_rule

   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 ...

6. Power of acceptance - Wikipedia

   en.wikipedia.org/wiki/Power_of_acceptance

   In contract law, there are established rules and principles for various issues concerning contract formation, such as cross offers, [5] awareness of offer, [6] notification of acceptance, [7] timing of acceptance, [8] and postal rule. [9] Power of acceptance is part of the contract formation analysis, and which concerns the validity of acceptance.

7. Meeting of the minds - Wikipedia

   en.wikipedia.org/wiki/Meeting_of_the_minds

   Under the formalist theory of contract, every contract must have six elements: offer, acceptance, consideration, meeting of the minds, capacity and legality. Many other contracts, but not all types of contracts, also must be in writing and be signed by the responsible party, in an element called form .

8. Oral contract - Wikipedia

   en.wikipedia.org/wiki/Oral_contract

   Provided that an oral contract satisfies any requirements imposed by law, such a requirement that contracts for a specific type of transaction be in writing, it is legally enforceable. [ 1 ] [ 2 ] For example, in 1984, Getty Oil was sold to Pennzoil in a handshake deal, a lay term for an oral contract, which was binding under New York law.

9. Contract - Wikipedia

   en.wikipedia.org/wiki/Contract

   An offer is defined as a promise that is dependent on a certain act, promise, or forbearance given in exchange for the initial promise [26] An acceptance is simply the assent of the other contracting party or parties to the terms stipulated in the contract. As an offer states the offeror's willingness to be bound to the terms proposed therein ...