Saturday, May 09, 2020 9:26:57 PM
I beg to differ, its a Memorandum of understanding, a filing/statement backed in a court of law. I doubt its a lie now.
Every contract has three core characteristics: (1) an offer for the performance of services or delivery of goods by an offeror; (2) the acceptance of that offer by the offeree; and (3) consideration (i.e., something in return) for the services or goods provided by the offeror. For a contract to be enforceable, there must be mutual assent of the contracting parties to terms reasonably certain under the circumstances.[1] If a written document contains terms that provide for these elements and indicates that the parties to that document intend to be bound by those terms, a court could very well rule that the document is an enforceable contract regardless of what the document is called. In other words, one must never assume a document is not an enforceable contract just because it is called a Memorandum of Understanding or Letter of Intent, or a Term Sheet. There very well could be an enforceable agreement lurking in there.
Every contract has three core characteristics: (1) an offer for the performance of services or delivery of goods by an offeror; (2) the acceptance of that offer by the offeree; and (3) consideration (i.e., something in return) for the services or goods provided by the offeror. For a contract to be enforceable, there must be mutual assent of the contracting parties to terms reasonably certain under the circumstances.[1] If a written document contains terms that provide for these elements and indicates that the parties to that document intend to be bound by those terms, a court could very well rule that the document is an enforceable contract regardless of what the document is called. In other words, one must never assume a document is not an enforceable contract just because it is called a Memorandum of Understanding or Letter of Intent, or a Term Sheet. There very well could be an enforceable agreement lurking in there.
Recent DPLS News
- Oil & Gas Virtual Investor Conference: Presentations Now Available for Online Viewing • GlobeNewswire Inc. • 04/17/2026 12:35:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 04/16/2026 08:06:54 PM
- DarkPulse, Inc. to Present at the Oil & Gas Virtual Investor Conference April 16th • GlobeNewswire Inc. • 04/16/2026 12:35:00 PM
- Form 10-K - Annual report [Section 13 and 15(d), not S-K Item 405] • Edgar (US Regulatory) • 04/14/2026 09:21:42 PM
- Oil & Gas Companies to Present at Virtual Investor Conference on April 16th • GlobeNewswire Inc. • 04/09/2026 12:00:00 PM
- Form NT 10-K - Notification of inability to timely file Form 10-K 405, 10-K, 10-KSB 405, 10-KSB, 10-KT, or 10-KT405 • Edgar (US Regulatory) • 03/31/2026 08:35:49 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 02/27/2026 04:53:46 PM
- Form DEF 14C - Other definitive information statements • Edgar (US Regulatory) • 02/02/2026 08:34:15 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 01/21/2026 09:11:40 PM
- Form PRE 14C - Other preliminary information statements • Edgar (US Regulatory) • 01/21/2026 09:10:34 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 01/16/2026 04:45:04 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 12/18/2025 08:44:41 PM
- Small Cap Growth Virtual Investor Conference: Presentations Now Available for Online Viewing • GlobeNewswire Inc. • 12/10/2025 02:57:30 PM
- Small Cap Growth Virtual Investor Conference Agenda Announced for December 9th • GlobeNewswire Inc. • 12/10/2025 01:35:00 PM
- DarkPulse, Inc. to Present at the Small Cap Growth Virtual Investor Conference December 9th • GlobeNewswire Inc. • 12/08/2025 08:25:10 PM
- Small Cap Growth Virtual Investor Conference Agenda Announced for December 9th • GlobeNewswire Inc. • 12/05/2025 01:35:00 PM
- DarkPulse, Inc. Secures Uplisting to OTCQB: A Milestone Enhancing Infrastructure Innovation and Access to Global Capital Markets • GlobeNewswire Inc. • 12/02/2025 03:00:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 09/04/2025 06:50:43 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 08/14/2025 07:23:10 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 08/14/2025 04:04:41 PM
- Form 424B3 - Prospectus [Rule 424(b)(3)] • Edgar (US Regulatory) • 08/04/2025 07:25:32 PM
- Form EFFECT - Notice of Effectiveness • Edgar (US Regulatory) • 08/04/2025 04:15:24 AM
- Form DEF 14C - Other definitive information statements • Edgar (US Regulatory) • 07/21/2025 08:43:44 PM
- Form S-1 - General form for registration of securities under the Securities Act of 1933 • Edgar (US Regulatory) • 07/21/2025 06:33:51 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 07/15/2025 09:00:11 PM
