Thursday, April 25, 2019

Introduction to Law and Contracts Research Paper - 1

Introduction to Law and Contracts - research Paper ExampleIt concludes with a signature page, allowing for the signature of the executive, David G. DeWalt the Executive Vice President and CFO of McAfee Inc. Jonathan Chadwick, and Renee J. James, superior Vice President and General Manager, Softw are and Services Group, Intel Corporation and the necessary witnesses.This written contract fulfills the definition of an express contract as a contract in which all elements of a contract are specifically stated (offer, acceptance, consideration), and the terms are stated, as compared to an implied contract in which the existence of the contract is fabricated by the circumstances. (Express Contract, 2005)The Law of Contracts, Treitels classic text defines a contract offer as an expression of willingness to contract on certain terms, made with the intention that it shall become binding as in brief as it is accepted by the person to whom it is addressed. (Treitel, 2007) In this case the pe rson to whom it is addressed, also cognize as the offeree, is the party known as the executive, David G. DeWalt. Therefore, the contract offer is made when the contract document is presented to David G. DeWalt and his attorneys or representatives in these contract negotiations.This offer document also contains conditions on which the offer is contingent. The offer is occurring coincident with merger negotiations and is contingent on the execution of the Merger Agreement.Acceptance is therefore a matter of more than the tercet parties signing the contract in the presence of the required witnesses. This contract can only be considered to slang been accepted if the Merger Agreement is also duly sign and witnessed and shall become effective immediately front the Closing Date, as defined in the Merger Agrement. Normally an offer of employment is accepted when it is signed before witnesses. However, this employment contract can only be considered accepted if

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