Chapter 2. Offer and Acceptance Flashcards
1
Q
What is Offer
A
2
Q
What is Acceptance
A
3
Q
What is Promise,Primisee, and Promisor?
A
4
Q
What is Contract
A
5
Q
What is aggrement
A
6
Q
When an agreement becomes enforceable by law?
Name an aggrement that is always enforceable by law?
Name of aggrements that are not enforceable by law?
A
7
Q
Types of Offer?
A
8
Q
Essentials of an offer ?
A
- Two persons
2.Intension to create legal relationship - Certain and definite
- Must be communicated
5.Conditional offer
6.Invitation to offer
9
Q
An offer must be communicated?
A
An offer is valid when it has been communicated to offeree.
> How to communicate?
it can be communicated expressly and impliedly
> When is the offer duly communicated?
An offer is duly communicated when it reaches the person to whom it is made
10
Q
An offer was posted on 13th April
and reaches Offersee on 16th april?
So when is the offer considered communicated and valid?
A
On 16th april. When it comes to the knowledge of offeree
