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Substantively, Brilmayer's book is principally a descriptive synthesis of American contract law. It is organized in five essential concepts: (1) consideration; (2) offer and acceptance ...
A contract is an agreement between two parties that creates an obligation to perform (or not perform) a particular duty. A legally enforceable contract requires the following elements, all of which ...
One commonly encountered, and sometimes misunderstood, term involved in contract law is "consideration ... or by engaging in activity that implies acceptance. A breach is a violation that ...
Grasping the terminology of contracts can help business owners ... When a customer or other party accepts the offer, the law specifies that the acceptance must be unconditional, it must be ...
In general, smart contracts are enforceable as long as they follow the basic rules of contractual agreements. These include the following. 1. Offer, Acceptance, Consideration As with any agreement ...
Mutual acceptance is usually consummated with signatures ... There is a whole field of study dedicated to contract law, known as contract theory, as well as several standard elements, rules ...
This module will also cover the fundamentals of contract law most relevant to real estate professionals, including offers, counteroffers, and acceptance, contract breaches; and remedies for breaches.
Multimillion-dollar business deals, including corporate mergers and acquisitions, nearly always rely upon contract law. Aspiring contract lawyers can learn more about this career path by reading ...