Memo and its types. Types of Documents: Memos. Back to Types of Documents “Memo writing is technical writing with its sleeves rolled up.” [1: 351] A Memo is a no-nonsense professional document, designed to be read quickly and passed along rapidly, often within a company or work group. E-mail messages are by far the most common form of memo. This document describes the basic format for the business and technical memo. Most memos are characteristically brief, but they should follow the other principles of good technical writing as well: know your audience, be clear, and be accurate.
Typical Components: While a memo generally requests or delivers a quick response to a specific question, it may also be a compact version of a short report, progress report, or lab report (See our pages on these genres). Although section titles may appear awkward in a very short memo, they allow your readers to scan efficiently and respond quickly. 1. Date: January 24, 1998 To: F. Date: Spell it out. Annual Report (Too vague) 2. Mr. 3. 4.
Observation A. Memorandum. Template:The documentary of the same name Memo done by President Carter or a staff member during his tenure in the White House. A memorandum (abbrev.: memo) was from the Latin verbal phrase memorandum est, the gerundive form of the verb memoro, "to mention, call to mind, recount, relate",[1] which means "It must be remembered (that)... ". It is therefore a note, document or other communication that helps the memory by recording events or observations on a topic, such as may be used in a business office. The plural form of the Latin noun memorandum so derived is properly memoranda, but if the word is deemed to have become a word of the English language, the plural memorandums, abbreviated to memos, may be used. (See also Agenda, Corrigenda, Addenda) Dean Acheson famously quipped that "A memorandum is not written to inform the reader but to protect the writer".
Policy briefing note[edit] Origins of term[edit] Purpose[edit] Structure[edit] Quality criteria[edit] See also[edit] References[edit] Types of Contracts. In the language of business law, a contract is defined as, 'An agreement between two or more parties, with legal binding enforceable in the court of law'. There are many other stages involved in the formation and acceptance of a legal contract. In American English, the legal definition of a contract goes beyond the definition of an "Agreement".
The definition of a contract that comes from the American Law Institute states that, "a contract is a promise or a set of promises for the breach of which the law gives a remedy, or the performance of which the law in some way recognizes as a duty. The basic stages of any contract includes - proposal, offer, acceptance, agreement and consideration. Let us have a brief overview on the various types of agreements, in the following paragraphs. Contracts Types in Business Law There are various types of contracts in business law depending upon various legal transactions like transfer of property, sale of goods, etc.
Business Contracts, Agreements, Disputes & More. Dictionary for contracts. Contract Law – How to Create a Legally Binding Contract. Whether you are entering into a relationship with a customer, a vendor or an independent contractor, contracts are a fact of business. You need them because they serve as legally valid agreements protecting your interests. But aren’t contracts laden with legalese? Don’t they have to be blessed by an attorney to ensure their validity? Not always. In fact, I’ve seen contracts come across my table that are less than one page in length, in plain English, and still legally binding. How? Generally, to be legally valid, most contracts must contain two elements: All parties must agree about an offer made by one party and accepted by the other. In addition, certain contracts are required by state law to be in writing (real estate transactions, for example), while others are not.
Here’s how your small business can comply with these requirements and ensure your contracts are legally valid: 1) The Ins and Outs of Reaching an Agreement How Long Should an Offer Stay Open? What about Counteroffers? What Must a Contract Contain to Be Legally Binding? | Company Activities & Management > Contracts & Bids from AllBusiness.com.
To be legally binding, a contract needs two essential components: 1) an agreement, and 2) consideration. Within the agreement and consideration lies an assortment of provisions that add to the legality of a contract. These include the offer, performance, terms, conditions, obligations, payment terms, liability, and default or breach of the contract. The agreement component involves offers, counter-offers, and eventually what contract law calls the "meeting of the minds. " An agreement can be either oral or written, depending upon the contract. If you hire a taxi to drive you to the airport, then it is an oral agreement that you will pay the driver a certain sum when you reach your destination. Contracts whose agreements must be in writing include real estate contracts and contracts that last more than a year.
Every state has its own legal requirements and you should consult these requirements to find the specific regulations that pertain to your type of contract. Is This Contract Valid? Have you ever considered suing someone for not holding up their end of a bargain? Or were you the one being sued? Whether you're in business or not, you probably encounter contracts almost every day.
However, few people understand what it takes to make a contract valid. A contract is basically an agreement to do or not to do something. It's important to know not all contracts have to be in writing. Parties. Certain contracts aren't valid unless in writing. The bottom line is that while parties generally come to transactions in good faith, a well written contract is the best protection should a dispute arise.