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Contracts awarded pursuant to a State Contract are considered ?fair and open? under PL 2004, c. 19, therefore the first steps of the contracting unit's fair and open process are covered, i.e., advertising, establishing the award criteria, opening of proposals and vendor selection.
To be a binding contract, an agreement must have the following: (1) offer and acceptance, (2) the parties must have a "meeting of the minds" about the agreement's essential terms, (3) there must be valid consideration - in other words, there must be mutual obligations from each party to the other, (4) finally, there ...
To be a binding contract, an agreement must have the following: (1) offer and acceptance, (2) the parties must have a "meeting of the minds" about the agreement's essential terms, (3) there must be valid consideration - in other words, there must be mutual obligations from each party to the other, (4) finally, there ...
Prohibits campaign contributions by certain business entities performing State, county and local contracts; prohibits certain contributions by county political party committees.
Other than under the Statue of Frauds, oral or verbal contracts are just as binding and enforceable as a written contract. Evidence proving that a contract, in fact, took formation can be the biggest problem surrounding oral or verbal contracts.
Courts may use parol or extrinsic evidence when resolving an ambiguous contract (see Ambiguity or Inconsistency). Courts may not: Insert or excise terms or construe the language in any way that distorts the contract's meaning (Sayles v. G & G Hotels, Inc., 429 N.J. Super.
An implied-in-fact contract is based on inferences from the facts and circumstances of the case, including: The parties': ? conduct; ? communications; and ? course of dealing.
Contracts awarded pursuant to a State Contract are considered ?fair and open? under PL 2004, c. 19, therefore the first steps of the contracting unit's fair and open process are covered, i.e., advertising, establishing the award criteria, opening of proposals and vendor selection.