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A typical and broadly representative example of such a statute is Ontario's Sale of Goods Act, which defines a "contract for the sale of goods" as "a contract whereby the seller transfers or agrees to transfer the property in the goods to the buyer for a money consideration" and defines an "agreement to sell" as a contract "where the transfer ...
R v Ron Engineering and Construction (Eastern) Ltd, [1] of 1981 is the leading Supreme Court of Canada decision on the law of tendering for contracts.The case concerned the issue of whether the acceptance of a call for tenders for a construction job could constitute a binding contract.
A project agreement is an agreement between the owner/developer of a construction project and the construction trade unions that will perform that construction work. A project agreement modifies the terms of otherwise applicable construction collective agreements for purposes of a specific construction project or a defined set of construction projects.
Consideration can be anything of value (such as any goods, money, services, or promises of any of these), which each party gives as a quid pro quo to support their side of the bargain. Mutual promises constitute consideration for each other. [a] If only one party offers consideration, the agreement is a "bare promise" and is unenforceable.
A contract is an agreement that specifies certain legally enforceable rights and obligations pertaining to two or more parties. A contract typically involves consent [1] to transfer of goods, services, money, or promise to transfer any of those at a future date.
A standard form contract (sometimes referred to as a contract of adhesion, a leonine contract, [a] a take-it-or-leave-it contract, or a boilerplate contract) is a contract between two parties, where the terms and conditions of the contract are set by one of the parties, and the other party has little or no ability to negotiate more favorable terms and is thus placed in a "take it or leave it ...
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