According to, the party who proposes a counteroffer seeks to revise the terms of a proposed contract without halting negotiations. Legally, a counteroffer is a rejection of the contract. When a counteroffer is gi... More »

The postal rule is an exception to the general rule that contract acceptance must be communicated directly to the offeror and acceptance is only effective when the offeror receives that acceptance. The acceptance is actu... More »

Vitiating elements of contracts are things that make a contract void, and the existence of such elements invalidate and negate the full terms of the legal document, according to the Social Science Research Network. Examp... More »

Arizona's employment termination laws allow employers to terminate an employee at any time unless there is a written employment contract, or unless the termination violates state or federal law, according to AZLawHelp.or... More » Government & Politics Law

An invitation to treat is a phrase used in contract law that expresses a willingness to negotiate the terms of the contract in question. It is the opposite of a binding agreement, in which all parties must abide by all c... More »

A contract cancellation forms contains the terms under which a party is permitted to terminate a contract agreement, according to Rocket Lawyer. The form also states when the contract ends. More » Government & Politics Law

An addendum to a contract is an addition or change to the terms of an existing contract that is signed by all parties to the original agreement, according to The Law Dictionary. It describes any changes or modifications ... More »