File Name: business law offer and acceptance ppt to .zip
It is the foundation upon which the superstructure of modern business is built.
A successful bid proposal proves that you are the right person for the job. Use one of these documents to secure work from prospective investors and clients. You can use a bid proposal to outline your project, forecast results, summarize your experiences, and detail your budget. Creating a bid proposal is a tricky process, however. You need to include the right information on this document to impress investors and clients. This is where a good bid proposal template comes in.
Contract , in the simplest definition, a promise enforceable by law. The promise may be to do something or to refrain from doing something. The making of a contract requires the mutual assent of two or more persons, one of them ordinarily making an offer and another accepting. If one of the parties fails to keep the promise, the other is entitled to legal redress. The law of contracts considers such questions as whether a contract exists, what the meaning of it is, whether a contract has been broken, and what compensation is due the injured party. Contract law is the product of a business civilization.
Definition of offer • Section 2(a) of Indian contract act when one person signifies to another person his willingness to do or abstain from doing with.
The offer must be capable of creating legal relations 2. The offer must be certain, definite and not vague 3. The offer must be communicated to the other party 4.
Notion of Free Contract. The purpose of the agreement must not be illegal or contrary to public policy. Form of Contracts. Offeror Offeree The person who The person to whom make the offer the contract was made. Many 1 Offeror Offerees.
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