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Abc

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Issue:

Business

 

Written by:

Harold S

 

Date added:

August 31, 2013

 

Level:

University

 

Grade:

A

 

No of pages / words:

7 / 1947

 

Was viewed:

5815 times

 

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Essay content:

And some educators have criticized the statement that there must be a "meeting of minds." But the criticism does not seem sound from a practical standpoint. It is true, as a general proposition, that in every contract there must be an offer, complete enough to result in obligation, either by its express terms or by its implications, and an acceptance of that offer consisting in an agreement with it on every term...
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If, in any particular case, we hold a person to a term to which he claims he has not in reality assented, as for instance, that he was ignorant of a custom which we must charge him with as entering into the contract, or because he has not read the contract, we do so upon the theory that he must be charged with the knowledge of those terms, Whether in fact he knew them or not...
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