Contract law is very important in any kind of business transaction; there’s a clear offer and acceptance that both parties to the contract will accept and stand by. This is especially true in industrial settings where companies require safety proof equipment and machinery, and the manufacturers of flameproof and explosion-proof equipment must be clear and concise in their contracts if they want to bring in and retain businesses.
Contract law in relation to offers and counter offer contract law is defined in this article. Shree Flameproof is creating a eCommerce platform to deliver flameproof safety equipment to industrial manufacturers online, and the presentation of these products is as follows:
- Flashlights
- Explosion-Proof Lighting
- Flame Proof Electrical Junction Boxes and Accessories
- Explosion-Proof Electrical Valve Actuators
- Explosion-Proof Industrial Control Panel Boards & Junction Boxes
The following sections of the site use Terms and Conditions of Sale which are made available to the customer before placing a Purchaser Order:
- Product Descriptions
- Placing an Order
- Pricing
- Payment Method
- Estimated Delivery Times
- Cancellations
- Returns
- Governing Law
- Limitation of Liability
- Support
- Warranty
- Conflict
- Returns and Exchange Policy
- Warranty
- Intellectual Property Notice
- Limitation of Liability
- Miscellaneous
- Counter Offers
- Security
- Notice and ability to contact for further clarification
- Entirety of the Agreement
- Severability
- His Assent
- He has read and Fully Understands
- He is Looking to use this as a matter of Law
- Attorney Fees
Like with many business transactions, especially for industrial equipment, these Terms and Conditions are important for both parties to fully understand what they are purchasing and how the contract is structured. While the industrial marketplace requires the utmost attention to detail, it’s still possible that a vendor and purchaser will get into a dispute.
“In contract law, an offer and counter offer is an offer from one party that is accepted by the other. Conceivably, the other party can make a counter offer. A counter offer is defined as an offer made in response to an offer whereby the basic right owed in the counter offer may be revoked by the original offer.”
Contract law is the mechanic that allows the negotiation and transaction for flameproof equipment orders to flow smoothly, safely, and with the trust and confidence required in the industrial marketplace. Each side of the counter offers is given real weight, and in the event that the types of flameproof or explosion proof equipment ordered fails to be delivered to specification, then the Terms and Conditions in which the order was placed can be reviewed and resolved according to the supplied Terms and Conditions of Sale.
An example of where contract law and the law of offer and acceptance played a role in industrial safety is in the following case: In a recent consumer fraud class action lawsuit Phillips v. Philip Morris Inc. (2004) 125 Cal. App. 4th 140 (abrogated by statute, Civ. Code § 1747.10, subd. (a).), the plaintiffs were consumers who purchased cigarettes directly from defendant’s vending machines located in areas of high public access such as bars or shopping mall concourses. The consumers alleged that the vending machine cigarette manufacturer knowingly designed its cigarette vending machines in a way to prevent the consumer location owners from accurately determining the amount of money the vending machine owner received as a result of the purchase of cigarettes. They further alleged that this practice violated the California Unfair Practices Act.
Contract law and the law of offer and acceptance is both a mechanism for legal protection and improving best business practices in industrial equipment sales. For more information on contract law, you can visit Wikipedia.