Send It: Contract Formation & The...
Send It: Contract Formation & The Rules of Acceptance (CM4210_Ch03)

SEND IT por John Campini

Notas del episodio

On this episode of Send It, JC dives into the legal mechanics of how a contract is actually born.

We are moving past the general concepts and drilling down into Chapter 3 of Construction Contracts (Contract Formation). You might have a "meeting of the minds," but if you don't have the specific legal pillars in place, that agreement isn't worth the paper it's printed on.

In this Deep Dive, we cover:

  • The Three Pillars: Why every binding contract requires Offer, Acceptance, and Consideration.
  • The Rules of Acceptance: Understanding that acceptance must be absolute and unconditional—if you change the terms, you haven't accepted; you've made a counteroffer.
  • Consideration: It’s not just about money ... 
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Palabras clave
Construction ContractsConstruction ManagementPRIME CONTRACTCONTRACT FORMATIONPRIVITY OF CONTRACTOTHER CONTRACT RELATIONSHIPSContract Acceptance and ConsiderationCM4210Project Delivery
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