LAW 204 Chapter Notes - Chapter 4: Canadian Business, Self-Service Laundry, Internet Service Provider

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Week 2- chapter 4 in canadian business law. If businesses can depend on each other to fulfill their contractual obligations, they can run their current operations efficiently and plan for the future confidently. Interdependence among businesses is standard throughout most industries. It is important to understand the rules that judges, and arbitrators have applied in the past in order to predict the outcome that is likely in the event that your business contract dispute needs formal resolution. If he accepts your offer, you have a contract. In law, the effect of your counteroffer is to take the company"s original offer off the bargaining table: by making your counteroffer, you lose the right to accept the original offer. If the offer states that acceptance must be communicated in a specified form, only that form of communication can create a contract: acceptance can be communicated by action alone, without requiring verbal or written confirmation, ex.

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