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How An Agreement Is Formed Between 2 Parties?

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  For an agreement to be legal and valid, there are certain criteria that must be achieved. Moreover, there are many different types of contracts and agreements. For example, an agreement made on the basis of promise in exchange of performance is unilateral. Other one can be called as bilateral which is promise made in exchange of another promise. A contract can be oral and a written too.   However, the oral contract or an agreement can not be enforced legally . Some agreements need to be written when exceeding value of 500 dollars usually.   In order to call an agreement or a contract to be valid and authentic there are elements that needs ro be followed. Check out those elements mentioned bellow.   There should be an offer from somebody and which needs to be accepted by other one.   Regarding subject, matter of offer and its terms, there should be a mutual acceptance by the both party on same ground.   There must be mutual agreement by both parties to come under a

Isaac Pollak LGP Ltd. - Requested To Attend Court

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Isaac Pollak is president of LGP Ltd. at 10 west 46st is requested to attend court as he took 291000.00 interest on 250000.00. A statement of position has been published by Bais Ha Vaad Rabbinical Court. Here is as it says: We, members of the Bais Ha Vaad Rabbinical Court (“Beis Din”), were approached by Menachem Mendel a/k/a Mendy Pollak (hereinafter “Claimant”), who claimed that Yitzchak Meir a/k/a Isaac Pollak (hereinafter “Respondent”) owes him money on an account that he had transferred a perfume enterprise to him in lieu of loan, on the condition that he would receive twenty percent (20%) of the profits, and according to the clamant there were large profits but none of it was ever received.   The claimant further claimed that he had transferred an enterprise in lieu of debt on the condition that he would receive ten percent (10%) of profits. According to Claimant, there were large profits, but he never received any part of them.   The claimant further claimed that the Res