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The Riefler escapement is a mechanical escapement for precision pendulum clocks invented and patented [1] by German instrument maker Sigmund Riefler in 1889. [2] It was used in the astronomical regulator clocks made by his German firm Clemens Riefler from 1890 to 1965, [ 3 ] which were perhaps the most accurate all-mechanical pendulum clocks made.
Also, upon making an offer, an offeror may include the period in which the offer will be available. If the offeree fails to accept the offer within this specific period, then the offer will be deemed as terminated. An offer may also be revoked by operation of law, if an unreasonable amount of time has passed between offer and acceptance. [46]
Sigmund Riefler was born on 9 August 1847 to Magdalena and Clemens Riefler. He studied mathematics, geodesy and mechanical engineering at the Technical University of Munich, and then physics and astronomy at the University of Munich. From 1870 he worked as an engineer in the Royal Prussian Land Survey, surveying land in Schleswig. [3]
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.
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.
A counter offer is an offer which concerns the same subject matter but with different terms than the original offer. If a counter-offer is made by the offeree to the offeror, then the original offer is deemed rejected, and the power of acceptance included in the original offer is terminated. [32]
"I didn’t realize this was my proposal until my aunt, Anita, guided me down the aisle. In shock, I said ‘Shut up!,’ ” the future bride says
The promise must be real and unconditional. This doctrine rarely invalidates contracts; it is a fundamental doctrine in contract law that courts should try to enforce contracts whenever possible. Accordingly, courts will often read implied-in-fact or implied-in-law terms into the contract, placing duties on the promisor.