Bunch of Cards Flashcards
Orient Bank (Nig.) Plc v Bilante Int’l Ltd
- there must be meeting of minds for a contract to work
- definition of contract
- elements of a valid contract
Gadzama v Rims Merchant Bank Ltd
- acceptance of an offer must correspond with the terms of the offer
Amana Suits Hotels Ltd v PDP
- Definition of offer: definite indication by one person to another person, that he is willing to conclude a contract on the terms proposed, which when accepted will form binding legal obligation
Okubule v Oyagbole
Acceptance must be a final expression of consent to terms of an offer.
It must correspond with the terms of the offer.
Ajayi v R. T. Broscoe Nigeria Ltd
doctrine of promissory estoppel is to be used as a shield and not a sword.
Combe v Combe
Doctrine of promissory estoppel does not create a create a new cause of action where none exists
Harvey v Facey
response to an inquiry does not constitute an offer
I.M.N.L v Pegofor Ind. Ltd.
according to the learned counsel:
- A limitation clause is one that limits the liability to a ridiculous amount in equivalent to an exclusion clause.
- It is a species, whereas exemption clause is a genus.
It is however important to note that the term “exemption clauses” where used, tefers to both exclusion and limitation clauses.
Oyewole v Lawal
Definition of consideration:
~As the inducement to a contract; the reason or material cause for a contract; some right, interest, profit, or benefit accruing to one party,
or the forbearance, detriment or loss suffered or undertaken by the other
Agbachi v Azubuike
- A gratuitous promise not made under seal cannot constitute a contract.
- A party who has not furnished consideration cannot be strictly referred to as a party to it.
Akpan v Ubong
A contract under seal does not reuqire consideration to be enforceable.
(Consideration must move from the promisee)
Chapeltonv Barry UDC
- An exemption clause in a contract must be brought forward too late, like after the contract has been concluded.
- It must be brought to the attention of the other party in a reasonable way.
Olley v Marlborough Court Ltd
Due notice must be given to a party as regards the exemption clause, before the contracy is entered into.
Baldry v Marshall
Any doubt ot ambiguity in an exemption clause will be interpreted against the party seeking to rely on it.
Butler Machine Tool v Ex-Cell-O Corp.
Cases where there is battle of forms, there is a contract as soon as the last of the forms is sent & received without objection.
Doherty Udechukwu v Jessie Ngene & Anor
Court definition: consideration is the purchase price of the promise
Afolabi v Polymera Industries Ltd
where the method of communication of acceptance is stated & the offeree fails to comply, such acceptance is void.
Trentham v Luxfer
conduct of a party can constitute acceptance
Stevenson v McLean
Inquiry does not constitute a counter-offer
Quenerduaine v Cole
where no method of communication of acceptance is stated, the form to be used eill depend on the nature of the offer.
Anwasu v Pade Chabasaya
failure to furnish consideration in a contract breaches it, and enables the offeroe the right to revoke the offer
Mur Head & Turnhill v Dickson
Commercial contracts cannot be concluded based on what people think in their hearts, but in accordance to what was said. (Lord Dunedin)
Rabilu v Usman
Acceptance cannot be made by mere mental assent or mere silence
Powell v Lee
there can be no acceptance where no offer has been made in the first place