Business contracts and their legal counter parts
Everything is governed by contracts. When you purchase anything, like an appliance or clothing or meat or vegetables you are performing your part of a contract. Any contract is formed when there is an offer made by the offeror and an acceptance you provide in response to that offer. While this basic formation of any contract seems simple, it is governed by very precise rules that sometimes baffle even lawyers and judges. Here are some important things or elements necessary for the formation of any contract.
Validity criteria for business offers
To be valid, the offer you receive must be clear and must contain certain terms to which you may or may not later assent or accept. What does it mean for the offer to be valid? Since the other party made me an offer why can’t I just accept it? Well, you can, but the offeror may later argue that the offer he made was actually not valid. That can happen because of many reasons. For example, a minor may not have capacity to offer to buy or sell land. Or an offer by an insane or incompetent person who is incapable of taking care of his personal affairs himself may not make a valid offer to you. Similarly, a person purporting to be capable to enter in a business contract with you may not have the actual capacity as an agent of his principal to do so.
Ensure validity of the business contracts you make
Why you need attorney’s help while making business contracts?
These little landmines can have a devastating effect on your business relationships and your business itself. That is why you need Central Law Group’s attorneys to protect you and prevent such landmines from “exploding” as you travel the path of your business operations. The examples provided above are simplistic of course. In real life and business contracts a word or period or a coma can change the entire meaning of a page or chapter of paragraph. Perhaps now you get a glimpse of how important it is to prevent and protect rather than cure. The time and financial cost to avoid breaches of contract and losses is well worth the alternative.
How can you avoid legal blunders?
Unfortunately, many businesses disappear because of this lack of prevention and the understanding why it is so important to have a protective legal shield around you. Our attorneys are not just litigation professionals, they are scientists, engineers and aggressive negotiators. Whether in San Diego, North County, Vista, or Irvine, Orange and Los Angeles county we stand ready to not only litigate for you but also to protect you and prevent losses before they arise. This si what we do. Our combination of legal expertise and scientific or engineering backgrounds makes us unique for any of your business needs, from mere transactions to mergers and acquisitions, or contract underwriting. And it all starts with one call to any of our offices in San Diego, San Diego North County or Los Angeles county. You have a direct line to our lawyers. Literally.
