Tender offer

Privity of contract is the relationship that exists between the parties to an agreement. This relationship is necessary in contracts; therefore, if you want to lodge a suit regarding a contract, you need to prove that you and the other individual were in privity of contract; hence, you were both involved in the contract and had an established contractual relationship. In addition, a doctrine of contract law that precludes any person from seeking the enforcement of a contract, or suing on its…

Contract is an agreement between two or more parties that is indented to be legally enforceable. A contract can be in writing or made orally and can be entered into by signing a document, agreeing to something on the telephone or clicking on ‘I agree’ on a web page. There is a distinction between B2B (also know as, business to business) and B2C (business to consumer) contracts. In its simplest form, B2B refers to transections between two businesses where both the buyer and the seller are…

match with the offer. It is an enforceable contract due to reasons mentioned below. 4 elements of a contract The elements to create a legally binding contract are as follows; 1. Legal capacity – a person above 18 years of age and both parties cannot be intoxicated nor have any mental illness is able to make a contract. 2. Agreement – form from an offer and an acceptance. 3. Consideration – exchange of some value that has been agreed by two parties 4. Intention to…

In contract law, evocation means an offer is withdrawn by the offerer. The general rule was established in Payne v Cave that an offer can be revoked at any time before the communication of acceptance is complete. Nevertheless, once the offer is accepted by the offeree by post, specifically, letter, the postal rule would strictly apply and would not permit such withdrawal. Contrary, once the offer is accepted, it cannot be revoked or else, the it would be considered as a breach of contract.…

To state a claim under the Americans with Disabilities Act (the “ADA”), the employee must show he is a person: (1) with a disability, as defined by the ADA; (2) who is qualified, with or without reasonable accommodation, to perform the essential functions of the job; and (3) who has suffered discrimination by an employer because of that disability. Olsen v. Capital Region Med. Ctr., 713 F.3d 1149, 1153 (8th Cir. 2012). " EEOC v. C.R. Eng., Inc., 2011 U.S. App. LEXIS 8971, *20 (10th Cir. May 3…

In the states that have bail as part of their legal procedures, the bail bonds process is normally regulated by the state itself. In some cases, the regulations and laws that govern the department of insurance also apply to bail bonds. Different states have different concepts and rules to govern the bail process. The criteria that one state may use to apply the process of bail bonds might not be similar or applicable to another state. This has made it very difficult to find information about the…

Before confirming that the parties have satisfied the required formal elements of a contract, a most important issue to consider is whether both parties have capacity to enter into a contract. In Alan and Bridget (parents) condition, Carlos (son) Company was in loss and was not able to repay the loan, decided to take a refinance, assuming the refinance will help the company comeback to its normal condition. Capacity states, the legal ability of the party to enter into a contract. Law will not…

 Offer and acceptance examination is a customary methodology in contract law used to figure out if an agreement exists between two parties. An offer is an suggestion by one individual to another of their ability to contract on specific terms without further arrangements. An agreement is then shaped if there is express or inferred agreement. A contract is said to appear when acknowledgment of an offer has been conveyed to the offeror by the offeree. Legal Principles of Offer and Acceptance In…

intention to create legal relations. In addition to this, an agreement is formed by a valid offer and acceptance. An offer is the promise which is clear, certain and final that made by the offeror, the offeree can choose to accept it or reject it as the acceptance is capable. An acceptance refers to the approve of the offer, it must be absolute and communicated to offeror, once the offeree accept the offer, there is an agreement reached between the offeror and offeree and it cannot be revoked…

parties took legal action to resolve the dispute between them. This case is a contract case since both parties have come up with the business agreement. That is, LNPL will provide service to Mr Garae and Mr Garae in return will pay for this service offer. Mr Garae must also be considerate of LNPL because that is what he will have to do in return for the service they provide and that LNPL needs to survive in the market as well. This is the same for Mr Garae, he will have to succeed and survive in…