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Furthermore, because rescission is supposed to be imposed mutually upon both sides to a contract, the party seeking rescission normally must offer to give back all benefits he or she has received under the contract (an "offer of tender"). The US state of Virginia uses the term "cancellation" for equitable rescission. Furthermore, a minority of ...
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Typically, the result is a document that is suitable for publication or for dissemination to others rather than the intended audience of the original document. When the intent is secrecy protection , such as in dealing with classified information , redaction attempts to reduce the document's classification level, possibly yielding an ...
Day 1: A makes an offer to B. 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 ...
On eBay, the bidding price started at $233.95, with bidding ended at a sale price of US$10,000. [63] Both the e-mail exchange and the picture have become internet hits. [64] In July 2009, Dornoch Capital Advisors placed England's Coca-Cola League One Side Tranmere Rovers F.C. on eBay without permission from owner and chairman Peter Johnson ...
EBay also allegedly distributed more than 5,600 paint and coating removal products that contained methylene chloride, a chemical linked to brain and liver cancer and non-Hodgkin lymphoma.
The offer is made by the intending buyers in the form of bid. Such an offer (bid), when accepted by the fall of hammer or in some other customary way, will result in a (binding) contract. A contract is a legally binding voluntary agreement formed when one person makes an offer, and the other accepts it.
The U.S. Postal Service is reversing course a day after placing a ban on all inbound packages from China and Hong Kong. The post office had announced Tuesday that it would no longer accept parcels ...