Instructions for Installing Your Own Cable Outlet: When youâve decided where to install the new cable outlet, measure up 15â³ and mark an area 1-1/2â³ x 3-3/4â³ . Using a keyhole saw, cut through the drywall to create the opening for the installation of a low voltage electrical box.
The acceptance of a verbal contract occurs when the person to whom the contract is offered voluntarily indicates agreement to its terms and conditions. Consideration: In addition to an offer and acceptance, verbal contracts must contain consideration. This means that each side must give the other something of value for the agreement to be binding. In most verbal contracts, this is an exchange of money, such as a down payment. However, in some cases, it is not money but a promise that is exchanged.
A contract has to be made up of several elements for it to be considered a legally-binding agreement. First, there must be offer and acceptance, or two or more parties agreeing to the terms. Next, both parties must be competent, or free of mental illness. All parties must mutually agree to the terms of the contract. Finally, there must be consideration, or an exchange of one thing of value for another. Our focus is on capacity and how the law views the legality of a contract when one or more of the parties is mentally ill. In the eyes of the law, a contract is voidable if a person is proven to have mental incapacity. Mentally ill can take on a few different diagnoses. One is considered mentally ill if the person suffers from: 1  Schizophrenia.