contracts ( revocation and ending)

Question 1

what must a valid simple contract include

Answer 1

Legality
intent to create legal relations
genuineness of consent
consideration
offer and acceptance

Question 2

How is an offer made

Answer 2

when the offeror indicated theyre willing to be bounce once the offeree agrees to their terms

Question 3

when will an offer end

Answer 3

when its been accepted
withdrawn or rejected
overtime - if it expires
failure on pre-conditions
unforeseeability - if one party dies

Question 4

when can an offer be revoked

Answer 4

anytime before its been accepted

Question 5

who must revocation be communicated to

Answer 5

The offeree
Communication can be via a reliable 3rd party - Dickinson V Dodds

Question 6

What happened in the case Dickinson V Dodds

Answer 6

Facts :
Dodds wanted to sell his house to Dickinson - had until Friday
Thursday he sold the house to someone else
Offer had been withdrawn through a friend

Held:
Dodds selling house - more of a promise not legally binding
communicated an offer for buying his house to the complainant and this offer can be revoked any time before there is acceptance
No obligation to keep offer

Question 7

what happens in a Unilateral contract in context to revocation

Answer 7

offer cant be revoked once the act has started to be performed - Errington V Errington