
A Simple Step-By-Step Guide to Forming A Legally Binding Contract.
Understanding how to form legally binding contracts is a crucial skill for business people. Whether you’re entering into partnerships, securing […]
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Understanding how to form legally binding contracts is a crucial skill for business people. Whether you’re entering into partnerships, securing […]
In law, “mens rea” is a Latin term that translates to “guilty mind” or “criminal intent.” It refers to the […]
The Mirror Image Rule is a fundamental principle in contract law that governs the acceptance of an offer. According to […]
In law, the shopkeeper’s privilege is a legal principle that grants certain rights and protections to store owners or employees […]
Watch our Clever video here. Definition A crime is an act that the state has identified as having a serious […]
The Function Of Law The main function of law is to: Keep the peace Shape moral standards Promote social justice Aid […]
The rule of law provides the framework to ensure a balanced, fair and peaceful society by ensuring that justice is […]
See Our Clever Video Series Forming A Legally Binding Contract Capacity To Contract Contract Law -The Offer Offer and Counter […]
The Purpose Of Law The purpose of law enforcement is to maintain order within the community. The rule of law […]
What Is An Express Warranty? An express warranty is a clearly stated (Expressed) statement of fact or promise made by the […]
Goods Sold As Seen Implied warranties can be excluded by describing the product with language such as: – Sold as seen – Sold […]
Implied Warranty – Fitness for Purpose The Unified Commercial Code states Where the seller at the time of contracting has reason to […]
A warranty is a type of guarantee that a manufacturer or similar party makes regarding the condition of its product. […]
An offeree may reject an offer at any time. When they reject the offer, the offer is immediately ended. There […]
Share your Cleverness Be part of the Clever Community add to these articles or share your unique Cleverness with the […]
Legal Terms You Need To Know Offeror – The person or ‘party’ who makes the offer. Offeree – The person […]
An “illegal contract” is a contract that is based on or relates to an illegal purpose that violates the law. The […]
What does ‘Capacity’ to contract mean? ‘Capacity to contract means a party has the legal ability to enter into a […]
Contract Law Introduction Contracts cover all aspects of life. They are essential for commercial activities. They create a system of […]
What Is A Tort? A ‘Tort’ is a private or civil wrong, which has been carried out against a person […]
What is Alternative Dispute Resolution (ADR)? Alternative dispute resolution (ADR), is the process of resolving a dispute between parties. The […]
Introduction To I.R.A.C. As you study business law you will need to complete some legal questions or case-studies. When you […]
Why Is Understanding Legal Terms Important? Lawyers use many specialized words and terms, and some of these words have a […]
What Is Jurisprudence? Jurisprudence is the study or science of law. In the U.S. it commonly means the philosophy of law […]
What Is a Business Partnership? A business partnership is when two or more individuals come together to run a business. […]