Instructions for Installing Your Own Cable Outlet: When youâve decided where to install the new cable outlet, measure up 15â³ and mark an area 1-1/2â³ x 3-3/4â³ . Using a keyhole saw, cut through the drywall to create the opening for the installation of a low voltage electrical box.
The acceptance of a verbal contract occurs when the person to whom the contract is offered voluntarily indicates agreement to its terms and conditions. Consideration: In addition to an offer and acceptance, verbal contracts must contain consideration. This means that each side must give the other something of value for the agreement to be binding. In most verbal contracts, this is an exchange of money, such as a down payment. However, in some cases, it is not money but a promise that is exchanged.
Report Abuse. OK so it means literally subject to contract - this means that another party has submitted a contract and the owners are presently reviewing the contract and waiting for all of the terms stated to come to be-i.e. financing or appraisal amount etc.ubject to contract. i.e. someone has put in an acceptable offer but nothing has been signed yet, perhaps because the buyer has not got their finances sorted, or not sold their own property yet. The buyer may be waiting for the results of their survey. jaycee Â· 9 years ago.