Transactional law in the United States is complex but the lawyers at Chung, Malhas & Mantel, PLLC are here to help you navigate this complicated area. Transactional law is the law of transactions, which is what happens when goods, services or financial devices exchange hands. Transactional law relies heavily on the law of contracts which have a number of facets to it.
For example, for a contract to be effective, there must be an offer and an acceptance. An offer in this situation would be if someone offers you a deal, such as if you do this contract job for me I will pay you a certain amount of money. Following that is the acceptance, which is when the alternative party agrees to complete the contract for the agreed amount of money. Offer and acceptance is simply one facet of the very complex transactional law system in the United States of America. Contact Chung, Malhas & Mantel, PLLC today if you need more information on transactional law in the U.S.