Note sull'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 ...
Parole chiave
Construction ContractsConstruction ManagementPRIME CONTRACTCONTRACT FORMATIONPRIVITY OF CONTRACTOTHER CONTRACT RELATIONSHIPSContract Acceptance and ConsiderationCM4210Project Delivery
Dove è stato create l'episodio
State