Tender offer

In order for Pat to claim both rewards from Den, she has to prove that both claims are offers and they result in contract formation. Furthermore, for the first offer to hold, Den should not be able to withdraw it. An offer is an expression made by an offeror to an offeree, communicating the offeror’s willingness to perform a promise and intent to be bound upon acceptance by the offeree. In this case, both statements included the exact time, date and conditions, thus, leaving no room for…

There are four important elements in a contract which is valid. They are agreement which contains offer and acceptance, consideration and intention to create legal relations. Firstly, offer is made by offeror and related with offeree who received the offer. Secondly, acceptance which must be absolute unqualified and unconditional is the agreement of the offer made…

Thematization: According to Varo and Hughes (2002), the Problem of thematization is a serious case in legal translation. Does the translator have to preserve the syntactic structure and neglect the focus of the text or the other way round. Every sentence has a subject and a predicate. This subject may not be the theme of the sentence. The translator has to preserve the syntactic structure and convey the same focus in the same time. In this case, the translator has the right to estimate the…

“It is quite clear on the law that there can only be compensation or set-off in the case of mutual debts, each is liquidated, absolute and presently due.” In Ford Brothers v Clayton and Clayton the requirements were expressed as follows: “Where a claim is disputed especially upon grounds which affect the very basis upon which it is framed, it can hardly be said to be promptly established. Such uncertainty as existed in this matter appears to me as fatal to the existence of a right of set-off…

This essay will define promissory estoppel within English Law. Promissory Estoppel is defined within English Law as a principle of justice, and can also be referred to in earlier cases as ‘equitable estoppel’ . This means that a promise made can be enforceable by law, even if there hasn’t been a formal consideration, meaning that it is a legally binding contract. Promissory Estoppel falls under contract law and has enabled legal obligations, meaning a person who has entered in to a contract…

Cynthia Walker v. John A. Lahoski, et al. Critical Thinking Regardless of the dispute of any business transaction there must be a contract, the contract should be a written contract over a verbal contract. This way you will have a clear description of what each party’s intentions and expectations are well both parties are in agreement. As was his case there is a contract from the agency that the Lahoski went through to find Miss Walker. According, to the text the contract…

When somebody bites the dust intestate, it doesn't really imply that the greater part of the perished's advantages and liabilities ought to go unaccounted for. Recipients of the perished could look for legitimate counsel from a probate attorney sufficiently educated of the laws administering this field of aptitude. Without a legitimately drafted lawful will, the perished won't have the capacity to disseminate their bequest the way they need to. In addition, the gathered recipients of the…

following requirements: 1) An Intention-formal intention from all parties involved to form a legally binding relationship. 2) A consideration- a monetary payment or promise of a benefit in return for the agreement. 3) An Agreement- whereby there is an offer (promise) and acceptance of the shared agreement.…

Qantas, like other Australian companies will have to shift to AASB 15 regulations when they come into effect in 2018. The regulations set guidelines for recognition of revenues. Indeed, it requires that revenues are recognized in a way that it is representative of goods/services that an entity has promised to transfer to consumers on basis of values that reflect the entity’s expectations in return for the goods/services supplied. a) Outline how companies are required to account for revenue…

Identity theft. 2. What are the elements required to form a contract?  Offer and acceptance: • Offer must be specific, complete, capable of acceptance and made with the intention of being bound by acceptance. • An acceptance is a final and unqualified expression of assent to an offer that is made in response to an offer and corresponds with the terms of the offer exactly with no variation of the terms.  Communication of offer and acceptance over the internet: • Acceptance can only be…