Under Italian takeover law, a company cannot take defensive steps once a valid offer has been made.

After all, if mis was a valid offer, it was a good one.

Thus, for a valid offer,the party making it must express his willingness to do or not to do something.

Therefore, "the only valid offering that the criminal can make is his own life's blood poured out upon the ground in willing expiation."

Examples of valid offers, that may be combined with any of several common hand gestures, are:

He held that there was a valid offer when the chairs were on display, accepted when picked up the chairs from the defendant.

Making the statement in past tense signifies the seller's intention of making a valid offer which is capable of being accepted by the buyer.

Even worse in the case of digital media, he made it extremely easy for others to avoid whatever valid offers of sale the producer has made.

Whether two parties have an agreement or a valid offer is an issue which is determined by the court using the Objective test (Smith v. Hughes).

Given an intention to make a business agreement enforceable in the courts and the necessary legal capacity, the parties must show a valid offer and acceptance have been made.

A statement of an offer has to be made in the past tense (Sighatul-Madhi) to be constituted as a valid offer in Sharia law.

In its lawsuit, the Garden seeks a judgment that the Yankees-T.W.I. deal is not a valid offer, and to enjoin the Yankees from consummating the agreement.

"We talked to the Red Sox Saturday and asked them to make us a real and valid offer," Hendricks said earlier in the day from his home in Houston.

In contrast, Sharia law recognises these as valid offers (Ijab) which, upon being accepted (Qabul), will become binding by law upon the parties involved in the transaction.

The Claimants submitted that the circular did constitute a valid offer and that the Claimant had, by submitting the highest tender and attending all the necessary meetings, accepted that offer.

A federal bankruptcy judge criticized a bid by Carl C. Icahn for the assets of Trans World Airlines, and suggested a proposal by American Airlines was the only valid offer.

It also due to an auction error by Torino FC president Urbano Cairo, which offered €20,000 more than Chievo but did not sign it, thus did not considered a valid offer.

That regulation states that the IRS will not levy upon a taxpayer's property while a valid offer in compromise (an offer that has been accepted for processing) is pending and, if rejected, for thirty days after the rejection.

The Garden said numerous other terms of the Newco deal circumvent what it believes is a valid offer it would try to match, including paying the Yankees 25 percent of the net income or equity of any cable sports networks it may operate outside the New York area.