MAKING CONTRACTS

A contract is a legally binding agreement between two or more people to perform or to refrain from some act now or in the future.

A valid contract must contain the following:

1. An offer

2. An acceptance

3.  Consideration which is the duty either party will be performing.

It is important to note that a contract comes into existence upon acceptance i.e. When the offer has been accepted by the other party.

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MEDIATION; A form of ADR

What is Mediation?
Mediation is a voluntary process in which two or more parties involved in a dispute work with an impartial party, the mediator, to generate solutions in settling their conflict. It is a type of Alternative Dispute Resolution (ADR) but unlike a Court or an arbitrator whose decisions subject one party to win and the other party to lose, mediation is about finding a solution that works for both parties.

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