Intent

Contract Basics: Acceptance

by Graham Martin on March 8, 2010 · 1 comment

Acceptance is the second of the three most basic necessities for forming a contract, the first being the Offer, and the third being Consideration. The Acceptance is generally considered to be much simpler to execute than the Offer, but like Offers there can be pitfalls to Acceptance that will void the Offer or fail to complete the agreement.

Share

Do I Have to Read This Contract? It’s So Long….

February 23, 2010

Contracts generally only require that you actually intend to enter into a contract with another party, not that you intend to enter into this specific contract. Once you understand that whatever you are signing is supposed to be legally binding and enforceable by the courts, you are likely stuck with that agreement, even if you [...]

Share
Read the full article →