Tender offer

parties consisting of an offer and acceptance. Can be done either orally or written but must be present to fulfil the formation of a contract. How the offer is made and the acceptance is important so we can establish a contract. Consideration must be present when selling goods, promise will be fulfilled when in exchange of something worth the product such as money…

Rehaf AL Sehli Getting to Yes, Fisher and Ury. pp. 1-106 Principals of negotiation according to Roger Fisher and William Ury are: Chapter I: The Problem 1- Don’t bargain over positions Taking positions between parties could provide an anchor in an uncertain and pressured situation which leads to an acceptable agreement. Positional bargaining fails to meet the basic criteria of producing a wise agreement if agreement is possible, efficiently and amicably. There are some methods of why…

of two important things, offer and acceptance. Offer and Acceptance is a conventional approach in contract law which is used to decide when an agreement exists between two parties. In order to form a contract, there must be an offer by one person to another and an acceptance of that offer by the person to whom is made. Acceptance in order to be legally binding, it is appropriate to fulfill three main rules. To start with, acceptance must be a ‘mirror image’ of the offer. This means that the…

constitutes an offer. If it does, Ron’s answer of the question is an acceptance of the offer, in result to an existing contract between the parties. However, if Sally’s call is only an invitation to treat, there is no contractual bound between the parties, because Ron’s answer of the questions will not be the acceptance of an offer. In fact, Sally’s call would consist that the making of an offer to answer the question about a product she was promoting and Ron accepted the offer, given that he…

contract is a legally binding agreement in law between two or more parties, which is enforced by law or by binding arbitration if it covers the elements of a valid legal agreement. For there to be a valid contract, three elements must be present, offer, acceptance, and consideration. If there is no consideration, there is no contract; however, with promissory estoppel instead of consideration, if there is a promise which induces reliance, the court would find some sort of liability for the…

The given question has dealt with the area of private express trusts under which one must consider whether the question represent the constitution and three certainties. In order to consider the given issue as a private trust we must first consider whether it fulfills the requirements of creating a trust. Which can be acquired by considering various requirements such as capacity, formality, legality and public policy etc. When considering what is the impact of equity ; general…

general principles of contract law, a contract is a legally enforceable agreement between two or more people. For a contract to establish, there must be a/an: • Agreement between the parties. - One person (offeror) makes an offer. - The other person (offeree) accepts offer. - Offeree communicates acceptance to the offeror. • Intention of forming legal relations between the parties. - an agreement is not intended to be legally enforceable if formed in a domestic or social context but…

Ex-spouses face an up-hill battle when they attempt to modify their spousal support (alimony) award or obligation. One must show a material change in circumstances justifying a modification. Furthermore, if your alimony award or obligation is the result of a settlement agreement, spousal support cannot be modified unless the agreement contains language permitting future modification. To illustrate how Virginia courts handle petitions for modification, here are a couple of recent decisions…

In advising Valerie and Una, the validity of Susan’s will shall first be looked at. It is submitted that Susan’s bequests involve the principles of secret trust which will also be discussed in this submission. Valerie will be advised on two issues: first is the validity of the bequest she is to hold on trust for Richard; second is whether Valerie will be entitled to the gift of £5,000 contained in a later codicil of the will. On the other hand, Una will want to know if she is bound to hold the…

Business Law and Ethics Project After reviewing your proposal for the new app, BackOffice, I’d like to make you aware of a few items prior to you launching the new app. When launching any new product or service, it’s critical you and your company are aware of the legalities, regulations, and any additional items that can be detrimental both financially and legally to your company if you don’t abide by them. To begin, it’s crucial you’re aware of your constitutional rights and guarantees as…