Offer And Acceptance Contract Law Definition In Los Angeles
Category:
State:
Multi-State
County:
Los Angeles
Control #:
US-00417
Format:
Word;
Rich Text
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Description
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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An offer is a proposal from one party to another intending to create a legal obligation upon acceptance. An offer is a clear intention to enter into a legally binding agreement.It marks the first step in creating that agreement. There must be an offer and acceptance. One party must make an offer to enter into the agreement and the other party must accept the terms of the offer. Every enforceable contract consists of three basic elements: offer, acceptance and consideration. In this module, we'll explore offer and acceptance. Both offer and acceptance must be acts expressing assent. The act constituting an offer and the act of constituting an acceptance may each consist of a promise. Master the essentials of contracts from offer to legality.