Offer And Acceptance Contract Law Definition In Clark
Category:
State:
Multi-State
County:
Clark
Control #:
US-00417
Format:
Word;
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This Architect Contract for Design is a general contract to retain an architect to a design home or building. This contract can be used in any state.This contract outlines the services to be performed, compensation terms, and number of phases until completion.
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In contract law it is what the parties say or do that matters; not, what they mean. An offer is a proposal from one party to another intending to create a legal obligation upon acceptance.An offer must be accepted to create a valid contract. To form a valid contract the offer must be accepted. Acceptance forms a clear indication of the offeree's commitment to the terms of the offer. The offer requires valid acceptance for a binding contract to be formed. An offer can only make an agreement if it is accepted in its entirety. Was there a valid acceptance?