by The editor | Mar 1, 2016 | Commercial & Contract Insights, Insights, Uncategorized
What is an offer? An offer is a promise to do or not to do something. The party who makes the offer is called the “offeror”. The party to whom the offer is made is called the “offeree”. A genuine offer should be open to be accepted, rejected or countered by the...
by The editor | Mar 1, 2016 | Commercial & Contract Insights, Insights, Uncategorized
In UK law, a contract is an agreement between 2 or more parties. There are 6 elements to consider in order to establish if there is a valid contract in place:- Offer Acceptance Consideration Capability Intention to create legal relations No vitiating factors....
