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THIS PAINTING CONTRACT Contract, Effective as of the Date of the Last Party to  Form

THIS PAINTING CONTRACT Contract, Effective as of the Date of the Last Party to Form

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Instructions and help about THIS PAINTING CONTRACT Contract, Effective As Of The Date Of The Last Party To

welcome to our youtube video series on contract law my name is christopher neufeld the newfound legal and in this particular video we will be discussing the two primary components of concluding a contract that of offer and acceptance for purposes of creating a legally binding contract an agreement must necessarily be made in the form or what is equivalent to the form of an offer of the matter or terms of the agreement on the one side an assent to or acceptance of those terms on the other side as seen in the following examples at a sale by auction each bidding is an offer of a price for the article put up for sale and these biddings may be successfully made until one is accepted by the fall of the hammer when the agreement is completed the sending of an offer for goods to a merchant or tradesperson is in effect an offer to purchase and the sending of those goods is an acceptance of the offer and creates a contract of sale the publication of an advertisement offering a reward for informa

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