The four elements of a contract are an offer, an acceptance, a consideration and an intention of legal consequences. An agreement has to contain all four to be regarded as a contract. It ceases to be legally binding if it drops a single element.
For a contract to be valid, it needs to have a clearly stated offer that does not contain ballpark estimates or requests for proposals. Acceptance entails that an offer has to be accepted as is, without any conditions. Consideration involves anything that one party gives to another as the agreed price for what was promised. Intention of legal consequences implies that both parties intend to enter a legally binding agreement.Learn More
Federal courts hear cases that require uniform application of federal law, such as cases involving constitutional issues, copyrights, patents and bankruptcy. This also includes federal statutes such as federal civil rights laws. Federal courts decide some cases arising between parties from different states.Full Answer >
As stated by BusinessDictionary.com, a separate legal entity is a business that is given its own individual legal status. This is usually done by forming a limited liability company or a corporation so that the company's actions may be legally declared as separate from those of an individual person, the company's shareholders or another company.Full Answer >
There are several strategies to help curtail political corruption, including engaging the media in covering high-profile corruption cases, changing public attitudes and establishing organizations to study and solve corruption at all levels of government. Government corruption occurs at all levels, including municipal, state and federal. In some areas, governments are more corrupt than others.Full Answer >
According to the Baltimore Sun, factual guilt concerns whether or not someone committed a crime as a matter of historical, factual record, while legal guilt is entirely dependent on the decision of the jury. The Legal Information Institute of the Cornell University Law School states that reasonable doubt is any doubt that is sufficient for a jury to acquit a defendant on grounds of insufficient evidence.Full Answer >