Exercise 1. Read and translate (see the Introduction for details).
Date: 2015-10-07; view: 548.
CONTRACTS
UNIT 11
Find more information about different types of junctions and tell your group mates.
Make a reverse written translation (from Russian into English) of your summary.
In Russian write a content-based summary of the text you have translated.
| A contract is a legally binding agreement between two or more competent persons to do, or not to do. a par- ticular thing. The three basic elements to a contract are: an offer (1); an acceptance (2) of the offer; and sufficient consideration (3) to support the offer and acceptance. In addition, there must be a reasonable certainty (4) as to what the parties are to do, or not to do, when they are to do it, and what the consideration is. Finally, the parties must be competent to contract (5), that is. they must be of sufficient age, in reasonable possession of their wits (6). and not under legal disability (7). Basic Requirements for a Contract. The first require- ment for a valid contract is that the parties have a meeting of the minds'(8). A meeting of the minds is evidenced by an offer, and an acceptance of the offer. The second requirement is that the promise of each party is given in re- turn for some benefit (9) sufficient to justify the promise. This benefit is the consideration for the contract. An offer can be made by words or acts. That is, it can be made specifically (in writing or orally), or it can be implied (10) from the conduct of the person making the offer. An offer can be made by advertisement. The time for accepting an offer may be expressly (11) limited, and the offer expires (12) if not accepted within that time. If zip time limit is specified, the offer must be accepted within a reasonable time. The offer may be re- voked (13) or withdrawn (14) before acceptance. “An ac- ceptance can be express or implied, written or oral. When an offer specifies the manner in which it must be accepted, an attempt to accept it any other way may not be enough. In general, acceptance requires some affirmative act (15). Under Ohio law, a person receiving unrequested mer- chandise (16) may keep it without payment. The person to w'hom an offer is directed may reject (17) the offer. The person may also make a proposal of her own, that is, make a counteroffer (18). A counteroffer wipes out all'previous offers | 1. оферта; 2. акцепт; 3. зустрічне задоволення; 4. розумне усвідомлення; 5. правоможний укладати договір; 6. бути при своєму розумі; 7. юридична недієздатність; пораження у правах 8. порозуміння; 9. вигода; 10. такий, що випливає з поведінки; 11. експліцитно, прямо; 12. закінчуватися; припинятися із закінченням терміну 13. скасований; 14. відкликаний; 15. дія (на відміну від бездії), стверджувальний акт; 16. незамовлені товари; 17. відхиляти; 18. контроферта |
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| B) Give a reverse translation of the summary (from Russian into English). | | | Перекласти на англійську |