A lot of purchasing obligations get created by documents nobody thinks of as contracts. A sales quote goes out, a credit application gets signed, an award letter lands in an inbox, and somewhere in that exchange an offer was made and accepted on terms nobody at the company reviewed. It gets harder under a master agreement, where the parties have already papered the relationship and the question becomes whether a later document counts as a counteroffer, an acceptance, or nothing at all. Silence complicates it further, since the UCC and the terms of many master agreements treat a lack of response differently than most people assume.
In this webinar, Laura Frederick will cover the offer and acceptance rules that come up most often in purchasing, including how counteroffers work, when silence can operate as acceptance under a master agreement or the UCC, and the safe harbor language attorneys can use to keep a document from carrying more legal weight than intended. She'll also walk through where sales quotes, credit applications, and award letters tend to create risk, and what to look for when reviewing them.
*Live CLE Credit Information:
How to Contract will apply for 1.25 hours of General CLE credit in TX.
This program is approved for the following:
1.25 hours of General CLE credit in California
1.00 hour of Substantive CLE credit in Pennsylvania
We will provide details to attendees on how to request a certificate of attendance. These certificates are provided after an attendee submits a completed credit request form (including the CLE code words shared live) within 14 days of the live webinar. Late submissions are not accepted.
Lawyers in these other jurisdictions who attend live may be eligible for credit through reciprocity, self-application, or reporting: AK, AL, AR, AZ, CT, CO, FL, GA, HI, IA, ID, IN, IL, KY, LA, NC, NH, NJ, NV, NY, MD, ME, MN, MO, MT, NC, ND, NE, NH, NM, NV, OK, OR, RI, SC, TN, UT, VA, VT, WA, WI, WV, and WY. These programs may also be eligible for Canadian CPD credit in British Columbia, Ontario, and Quebec.
We do not determine individual eligibility. Please check your state bar for specific compliance rules.
