Acceptance

Question 1

what is acceptance

Answer 1

second step in a contract

final expression of agreement to the terms of an offer

once accepted there is a contract between the offeror and offeree, provided the other essential elements are present

Question 2

to determine if acceptance is valid:

Answer 2

(1) has to be positive and unqualified
(2) requests for information?
(3) forms of acceptance?
(4) specified methods of acceptance?
(5) methods of communication of acceptance?

Question 3

to determine if valid acceptance:

Answer 3

(1) must be positive and unqualified
(2) requests for information?
(3) forms of acceptance?
(4) specified forms of acceptance?
(5) methods of communication of acceptance?

Question 4

(1) has to be positive and unqualified

Answer 4

if the offeree tries to vary the terms, this is a counter offer and the offer is terminated

responding to the offer YES not YES IF or YES BUT

Hyde v Wrench

Question 5

(2) requests for information?

Answer 5

a mere enquiry or requests for information are not counteroffers and do not terminate the offer

Stevenson v McLean

Question 6

(3) forms of acceptance?

Answer 6

acceptance can be by:
- words (said/written)