The world is advancing in every type of aspect and a big part of this is to do with the way technology has been taken use of. In the field of Law, contracts are formed between individuals or groups, as of late, these contracts have been transmitted electronically between two parties. Of course however, there can be existing issues with the use of forming a contract by electronic means; this mainly has to do with misunderstanding or misinterpreting the information of the contract. Two of six elements to a contract have been deemed the most important ones, these are offer and acceptance. Offers can be personally aimed at someone or provided to the world at large, in contrast to this, an invitation to treat can be displayed to grab the attention of people for them to listen to an offer. A party is able to withdraw from a mistaken offer through a letter of Revocation that either offeror or offeree produce before a contract has been completed. Disputes are able to occur frequently as well, thankfully there are ways to fix these. The creation of contracts has been used quite thoroughly in the new day and age rather than forming a contract in person, this is quickly advancing the way the world is able to access these contracts.
A contract is a legally enforceable agreement between two parties. In order for there to be a contract between the two parties, all six of the elements must be included, these being offer, acceptance, consideration, intention to be legally bound, capacity to
A contract is a legally obligatory promise or set of promises (Bagley, C. 2013). If this promise is broken, either party involved can be legally responsible and take the other party to court. There are four basic elements in the creation of a valid contract. The first consist of an agreement between the parties involved, by an presented offer and acceptance. The second states that the parties’ promises must be supported by something of worth, known as consideration. The third advises both parties must have the ability to enter into a contract. The fourth element states the contract must have a legal purpose (Bagley, C 2013).
A contract is a promise between two or more parties that the law recognizes as binding by providing a remedy in the event of breach. In order for a promise to be enforceable it must be supported by consideration. Consideration can be defined as a bargained for exchange between the promisor and promisee; a promise can not be considered a contract without consideration. Common law states also require mutual assent to exist for a contract to be enforceable, this means that there must be an offer and an acceptance of said offer. For example, if a promise is made between two consenting people and one of those
A contract is an agreement between and offeror, and an offeree, that can be enforceable by a court of law or equity (Cheeseman, 2010). A contract consists of the following elements; agreement, consideration, contractual capacity, and lawful object. Understanding each of these elements is of the utmost importance to ensure that each party involved has a good understanding of what is expected from one another.
A contract is a legal document that states and clarifies a formal agreement between two different people or groups. This implies that an agreement between parties must have a strong backing by law. The following are therefore required for a contract to be mandatory for all participants involved. These elements in a contract prove whether the contract is regarded credible or not credible: The objective is to build a legal relationship, offer and acceptance, consideration, capacity to contract and legality.
After many decades elapsed, nowadays, the quality of human life is growing better. Human beings always search and invent new things in order to meet their needs. There are not only changes in the way that people dress and behave, but also there are many changes in forms of entertainment. In the past when technologies had not developed much, people usually entertained by getting together to dance, sing, or listen to music; many of them went to a small bar in the community to drink or play cards. Today is completely distinct from the time in the past. With innovative science and modern technologies, the entertainment has become easier and more convenient for all people. Everyone can relax and amuse themselves wherever and whenever with modern electronic devices such as cell phone, tablet, LCD TV, laptop, etc. Therefore, technology has become part of our life. Many people say that we could not do anything without technology; it helps people to make work easier. In fact, technology not only impacts our daily lives, but it also has a strong influence on the criminal justice system. If law enforcement officers apply technology to their investigations, it will assist to make the investigations less difficult and more efficient. So, what has the technology already helped to make an improvement in the criminal justice field, and how has it impacted on the law enforcement?
A contract is simply an agreement which has legal value so that it is binding on both the parties, and each of the party can enforce it lawfully in case of any contravention of the terms of agreement. For an agreement to take the form of a contract, it is necessary for it to contain four essential components of a legally binding contract . These include,
A contract is a written, oral, or implied agreement between at least two parties, an offeror and offeree. Contracts are created to facilitate the transfer of property, provision of services, or other rights. For a contract to be enforceable it needs to meet four basic requirements: agreement, consideration, contractual capacity, and needs to include a lawful object. Contracts are designed to be enforceable by law, ensuring all parties meet their contractual obligations to the other parties. An example of an enforceable contract is two parties agree transfer ownership of a vehicle owned lawfully by one of the parties for $100.00. The contract is enforceable since the parties entered an agreement, for the consideration of $100.00, one of the parties lawfully owned the vehicle, and the contracts object is lawful.
A contract is an arrangement between two or more parties that creates rights and obligations to each party. The essential parts of a contract are as follows:
Contracts are a legal agreement between two or more parties that provide details of their rights. Thus, some business contracts can be very complex, therefore, it is important that the parties have someone who is familiar with the law to inspect the documents before signing them. Normally, contracts are composed of an offer, that details terms and conditions that must be met. Moreover, if the terms and conditions are not met per the contract, there can be legal ramifications that follow. Ultimately, contracts are legal agreements that provides details about what is expected from each participant so that there are no misunderstandings in the future (Summers, 1969).
for it to qualify as a proper contract in the eyes of the law: offer
The clock is ticking, the work is piling up, and with only a few hours to go before sunrise you stop and realize that you have just read some fifty pages and absorbed almost nothing. Some would agree when I say that this situation epitomizes one of the common problems of the Net Generation. With the help of the Internet, not only has every aspect of life gotten faster and more efficient, but it has changed the way people process information and perform tasks. In addition, while technology does have its benefits, the extensive use of the internet is affecting the way people think.
A contract is an "agreement between parties, with terms and conditions that describe the agreement that constitutes a legal obligation" (All Business). A valid contract requires four elements and these are:
A contract is an agreement made with an intention of legal rights and obligations which the law will enforce. It contains the agreement, consideration and intention. It also have some other things to consider, like capacity of parties, genuine consent or legality of object.
A contract is a written or spoken agreement between two or more parties that involves the exchange of two promises, which is intended to be enforceable by law. The four basic elements are the offer, consideration, acceptance, and mutuality. When elements are broken down individually, each one is just as important as the next. If one of these elements are broken or misunderstood, it could mean result in the contractual agreement becoming not valid and end in lawsuit. The overall purpose of the contract is for legal purpose and to keep a order within an agreement.
A contract is a legally enforceable agreement between two or more parties that creates an obligation to do or not do particular things.