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Oct 3, 2023 · Civil Law. In Ohio, for a contract to be legally enforceable, certain elements—like a valid offer, acceptance, and a meeting of the minds—must be present within the document or verbal agreement. These elements help ensure the enforceability of the contract and confirm the agreement is valid and binding under the law.
Jun 29, 2011 · Section 2307.39. |. Agreements to be bound by Ohio law. (A) Except as provided in division (C) of this section, any person may bring a civil action in a court of this state against an individual, corporation, or other person who is a resident of, incorporated under the laws of, or otherwise engaged in the conduct of business in a foreign nation ...
- Contract Interpretation
- Enforceable Contract
- Right to Set-Off
McCruter v. Travelers Home & Marine Ins. Co., 11th Dist. Lake No. 2019-L-167, 2021-Ohio-472 In this appeal, the Eleventh Appellate District affirmed in part and reversed in part the lower court’s decision, and remanded the matter after determining the trial court’s interpretation of the contract was contrary to the express language of the policy. T...
Lakeside Produce Distrib. v. Wirtz, 8th Dist. Cuyahoga No. 109460, 2021-Ohio-505 In this appeal, the Eighth Appellate District affirmed the trial court’s decision, finding that the language in the agreement was too aspirational to constitute an enforceable contract. The Bullet Point: Under long-standing law, a plaintiff must allege four elements to...
Mockensturm v. McIlwain, 6th Dist. Lucas No. L-20-1035, 2021-Ohio-532 In this appeal, the Sixth Appellate District affirmed in part and reversed in part the trial court’s decision, agreeing that since there was a mutuality of obligation between the parties, the defendant was entitled to set-off. The Bullet Point:In Ohio, setoff is “that right which...
To become binding, a promise or offer need not be in writing — an oral representation, whether denoted as a "promise," "offer," or "proposal," is sufficient to bind the party in the position of the promisor if accepted by the putative promisee and supported by consideration.
{¶16} It has been stated that an option contract involves an offer to perform an act and a binding agreement to leave the offer open for a particular period, which does not become a contract until accepted.
Intent to Contract - A contract is a binding promise of future action o Requires an agreement – bargained-for exchange o Requires offer and acceptance o Entering into a contract is voluntary – gives parties autonomy to create their own law - Lucy v.
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Dec 10, 2023 · Unilateral vs. Bilateral Contracts: As with offers, acceptance can generally be communicated in writing, verbally, or through the offeree’s conduct unless the offeror mandates a specific manner of acceptance or the statute of frauds requires a written acceptance.
