Juris - Obligations and Contracts pt.2

o Meeting of the minds

o An agreement between 2 or more people with obligations to each other

o Terms or conditions when we render dental service to our patients

• Contracts

• Expressed

• Implied

• Consent

• Object

where terms and conditions are specified; maybe written or verbal

• Contracts

• Expressed

• Implied

• Consent

• Object

where terms and conditions are assumed

• Contracts

• Expressed

• Implied

• Consent

• Object

A meeting of the minds between parties with respect to the object and cause; there is a certain offer by one party and there is an absolute acceptance by another party.

• Offer

• Acceptance

• Consideration

• Consent

• Object

The thing, right, or service to be provided or performed under the contract.

• Offer

• Acceptance

• Consideration

• Arbitration

• Object

The offer is the proposal that is made by one party outlining the terms of the contract.

• Offer

• Acceptance

• Consideration

• Arbitration

• Boilerplate

The acceptance is the approval of the proposal (sometimes after negotiation) by another party it must be unconditional and unequivocal to the exact terms of the offer if not it will become a Counter-offer.

• Offer

• Acceptance

• Consideration

• Arbitration

• Boilerplate

The consideration is the exchange of value as stipulated in the contract.

• Offer

• Acceptance

• Consideration

• Arbitration

• Boilerplate

Independent and binding arbitrator settle contractual disputes.

• Offer

• Acceptance

• Consideration

• Arbitration

• Boilerplate

Standard contract clause that uses universal language as a type of template usually found in the end of the contract.

• Offer

• Acceptance

• Consideration

• Arbitration

• Boilerplate