具体解释的话,就要看上下文了。但就我看来,这原文应该是出自contract law里面“offer与invitation to make an offer的比较”这一章。可以参考下面这几段文字:An invitation to make an offer is part of the process of preliminary negotiations. It is not an offer and does not create power i...
Forms of Contract in Business Law Types of Legal Agreements Types Of Contract What are the Different Types of Contract? Understanding the Different Types of Contracts Definition of Business Contract Types Of Legal Contracts Examples of Valid Void and Voidable Contracts Legality In Contracts ...
Inbusiness law, a breach of contract occurs when one or both parties fails to perform its duties that are outlined within the contract. Contract law aims to provide damages to the party that was harmed, and restore them to where they were before the breach occurred, or to a position as ...
In business law, an acceptance is the assent to the terms of an offer, required before a contract can be valid. It must be absolute and unconditional(otherwise it is not an acceptance but a counter-offer), may be tendered only by the person to whom the offer is directed, and must ...
aConflict of laws ·Commercial law [translate] aIn contract law and business law, novation is the act of either: (1)replacing an obligation to perform with a new obligation, or (2)replacing a party to an agreement with a new party. [translate] ...
I Consideration MUST be Sufficient: having some value in order to be capable in law of being regarded as vali 32、d consideration. IV 对价对价(Consideration)Adequacy & Sufficiency*Consideration MUST contain some element able to be seen as the price of the other partys promise.*对价必须必须包含...
law—isnotrecognizedspeciallyasabranchofcommonlaw,but,inpopularusage,isfrequentlyanomnibustermgiventotitlesoftextbooksandacademiccoursesonsuchcommercialsubjectsascontract,agency,commercialtransactions,bankruptcy,andlabour.Text Unit3BusinessLawContractandAgency 2Acontract,inthesimplestdefinition,isapromise enforceablebylaw...
This article examines the role of business ethics in contract performance. It demonstrates that the law alone is not enough to ensure performance because the law is a narrower fi eld than business ethics. Law has drawn upon the broader discipline, ethics, to form the foundation of the law. ...
Contract lawyers help people and companies conduct business. It’s important work. The work is often ongoing or repeated, so whether you work for yourself, a law firm, or as in-house counsel, a focus on contract law is often the cornerstone of a sound career in law. ...
Case 4: Read the following letters and try to determinewhether each business letter is invitation for offer, offer or acceptance: Specimen Letter 1: (Invitation for offer) Dear sirs; We have your name and address from the commercial counselor’s office of the Chinese Consulate in NewYork. We...