金融英语-法律笔记.docVIP

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法律笔记 Contract An?agreement?to?do?or?abstain?from?doing?some?act,?intended?to?give?rise?to?legal?relations,?or?a?promise?or?a?set?of?promises?which?the?law?will?enforce. Specialty?and?simple?contracts: A?specialty?contract?is?made?by?deed.?It?is?legally?binding?because?of?the?special?solemnity?attached?to?its?form. Simple?or?parole?contracts?are?not?made?by?deed.? The?essentials?of?a?valid?contract 1.?there?must?be?an?offer?and?acceptance,?the?agreement 2.?there?must?be?consideration?(not?under?seal) 3.?certain?types?of?agreement?are?only?valid?if?made?in?a?particular?form 4.?parties?must?have?the?intention?to?create?legal?relations 5.?the?parties?must?have?the?appropriate?capacity?to?contract 6.?there?must?be?genuine?consent?by?the?parties?to?the?terms?of?the?contract?and?the?terms?shall?be?clear?and?certain 7.?must?without?undue?influence,?duress?or?misrepresentation. 8.?must?not?contradict?public?policy?or?be?otherwise?illegal 9.?the?contract?must?be?capable?of?being?performed 10.?the?contract?must?not?be?frustrated?by?an?intervening?event Offer An?offer?is?a?proposal?made?by?one?party?to?another?with?the?intention?that?it?shall?become?binding?as?soon?as?it?is?accepted.?The?offer?must?be: 1.?An?offer?must?be?clear?and?certain,?it?may?be?made?orally?or?in?writing?or?by?conduct 2.?an?offer?can?be?made?to?a?particular?individual?or?to?a?group?of?persons,?or?to?the?world?at?large. 3.?the?offer?remains?open 4.?the?offer?must?carry?the?definite?intention?to?be?bound Offer?will?close?in?the?following?ways 1.?By?revocation.?Means?withdrawal?of?the?offer?and?it?will?only?be?effective?if?it?is?communicated?to?the?offeree?before?he?accepts?the?offer.?If?the?offeree?is?aware?that?the?offer?is?no?longer?open,?this?will?operate?as?a?revocation,?no?matter?how?he?became?aware?of?it.?Where?an?offer?promises?to?do?something?in?return?for?an?act,?the?offeror?can?revoke?his?offer?at?any?time?before?the?offeree?finished?the?work,?because?that?there?will?be?no?consideration?until?there

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