Formation Flashcards
Bilateral contract
Promise by one party exchanged for a promise by another party
Unilateral contract
One party promises to do something in return for an act from the other party
Offer
Statement of willingness to contract on the specified terms, made with the intention that there will be a binding contract if accepted
Invitation to treat
Party inviting the other party to offers that the other party is free to accept/reject
Pharmaceutical society v boots
Contract formed when goods presented at desk not taken off shelf
Partridge v crittenden
Advertisement of price is an invitation to treat not offer
Invitations to tender
Can amount to an offer if that was the intention, but generally ITT
Harvela
Payne v cave
Auctioneer’s request for bids ITT
Sale of goods act 1979
Auction bid can be withdrawn anytime before hammer falling
Harris v Nickerson
Withdrawal of furniture auctioned - ITT
Barry v Heathcote Ball
Auction without reserve
Auctioneer withdrew and sold privately, claimant awarded damaged as a collateral contract between auctioneer and bidder
Fisher v Bell
Knife in shop window ITT
Harvey v Facey
Statement of minimum price is not an offer
Advertisement including unilateral offer
If advertisement indicates a course of action in return for which the advertiser makes promise to pay, then he is bound by promise
Carlill v carbolic choke ball co
Carlill v carbolic smoke ball co
Promise was an offer and accepted when she used it
Statement of price
Not a binding offer but other factors may indicate it is
Taylor v laird
Can’t accept if don’t know
Offer must be communicated to the offeree
Taylor v laird
Offeree must have knowledge of the offer to be valid and enforceable
Inland revenue v fry
Inland revenue v fry
No knowledge when cheque cashed, so no acceptable
Offeree must have knowledge of offer
Guthing v Lynn
Can’t be vague/not measurable
Routledge v Grant
Can withdraw any point before accepted
No consideration to keep offer open
Offeror must communicate withdrawal
Bryne v Van Tienhoven
Byrne v Van Tienhoven
Offeror muster communicate withdrawal
No withdrawal after acceptance
Postal rule doesn’t apply
Dickinson v Dodds
Communication can be done by a reliable third party
Errington v errington & woods
Unilateral - once performance made Offeror cannot revoke
Ramsgate Victoria Hotel v Montefiore
Time lapsed can terminate an offer