The other two answers are good. you can also enter into a contact by clicking on a I accept box on the Internet these days. You can even enter in to a contract over the phone - by giving your post code and house number! Verbal contracts will often stand up in court - especially as many companies record their telephone calls. Cashing a cheque can be an acceptance of a contract too. For example, if you sell the copyright to a story for a magazine. you don't have to sign a contract - just cashing the cheque the publisher sends you is enough to constitute an intent - so a contract.
2006-06-07 03:58:42
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answer #1
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answered by Mike10613 6
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"A contract is a legally enforceable agreement between two or more people. Consideration, certainty, the intention to be legally bound to an offer and an acceptance, are the four legal requirements which must be present to make up a contract. Consideration means the obligation to pay or provide something in return for something of value. Certainty means the contract must clearly state what is expected of all parties to it. Everyone involved in making the contract must genuinely intend to enter into a legally binding agreement for a legal purpose. And the contract must be offered and accepted on the same terms."
2006-06-07 10:02:13
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answer #2
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answered by FairyHoaxster 3
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"an offer which has been unconditionally accepted" is the short pithy answer.
in fact there must also be an intention to create legal relations and also consideration (eg money or money's worth) for the goods or services being provided. so the more clumsy, but accurate version, is:
"an offer which has been unconditionally accepted, where the parties intend to create a legal relationship and which includes suitable consideration"
2006-06-07 09:58:10
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answer #3
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answered by ExV 2
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