A Contractual Agreement Between Two Parties

You can find contract models between two parties online. Such contracts can be a business-to-business contract, a contract between people or a mixture of the two. Read 3 min An exception occurs when advertising makes a unilateral promise, such as offering a reward, as decided in the famous case of Carlill v Carbolic Smoke Ball Co,[18] in 19th century England. The company, a pharmaceutical manufacturer, proposed a smokeball that, if it sniffed “three times a day for two weeks,” would prevent users from catching the “flu.” If the smokeball does not prevent “the flu, the company promised that it would pay $100 to the user, adding that they deposited “$1000 in the Alliance bank to show our sincerity in the file.” When Ms. Carlill complained about the money, the company argued that the complaint should not be considered a serious and legally binding offer; instead, it was a “simple mess”; However, the Court of Appeal found that Carbolic had made a serious offer to a reasonable man and found that the reward was a contractual undertaking. It was not possible to sue the Crown in the United Kingdom until 1948 for breach of contract. However, it was felt that the contractors might be reluctant to act on such a basis and the claims were maintained as part of a legal petition that had to be approved by the Minister of the Interior and the Attorney General. S.1 Crown Proceedings Act 1947 opened the crown to ordinary contractual claims by the courts as for any other person. Professional agreements are an important part of any business relationship. Whether you`re a freelancer, a large company or something in between, our contract templates can help you protect your legal rights while saving time when creating documents. Download any model to get started. This sales agency model should be used when your company hires another company to sell products that you own or manufacture in a defined geographic area.

In the event of a breach of a commercial partnership or joint venture, the assets belonging to that company are often sold to cover unpaid debts or other debts. This liquidation agreement governs the terms of such a liquidation of common assets. Using an excessive number of words can be the random problem in the way your instructions are understood and interpreted. When developing your arrangements, you should consider the possibility that the difference between two relatively similar concepts may be difficult to distinguish. If that`s the case, you better keep it easy. It is more important to focus on clear communication than to impress your colleagues with complex formulations. This way, you can provide your points clearly enough for readers to fully grasp them.