BSLW1102 Chapter Notes - Chapter 13: Aptiv, Posting Rule, Krypto
20 Jun 2016
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Chapter 13 formation of contracts: offer and acceptance. A. 1. expresses the willingness of the offeror to enter into a contractural agreement regard- ing a particular subject. A. 2. promise that is conditional upon an act, a forbearance (a refraining form doing some- thing one has a legal right to do) or a return promise: contractural intention. B. 1. offeror must intend to make a binding obligation. B. 2. the test for bindingness is wether it induces a reasonable belief in the offer that he or she can, by accepting it, bind the offeror. B. 3. a) filled out information for a lion modification under a law that wells fargo ignored but contractually had to uphold. B. 4. a) allowed to negotiate and for a nonbonding prelmimarny discussion to oc- cur (b. 4. a. 1) prices in catalogs subject to change. B. 5. agreement to make a contract in the future. B. 5. a) nothing is binding without clear defend lines: definiteness. C. 2. definite and certain contract vagueness constitutes a throwing out of a contract.
