Formation Evaluations Flashcards
1
Q
Consideration
A
- Determining what is ‘adequate’ is difficult
- Chappel v Nestle: parties beleived it had value - Past consideration is unfair
Re. Casey’s Patent: implied promise based on skill (what skill) - Existing Duty is not applied consistently
- Stilk v Hartley v Williams
2
Q
Offer and Acceptance
A
- Postal Rule Problems
- slowness of letters, unfair on offeror if it is lost in post, old - Problems with modern technology
- Thomas v BPE Solicitors: when is normal working hours, case-by-case - Future Issues (EU)
- Much of the law on electronic contracts are under EU law
- Brexit
- 2019 Law Comission Report called the law “inaccessible to many” - Revocation Unclear boundaries
- Dickinson v Dodds, revocation can come from another person
3
Q
Intention to Create Legal Relations
A
- Presumptions are too strict
- Kleinwort: courts had to look into letters
- Not enough case law, judges using discretion - Burden of Proof unfair on C
- social/domestic agreements they must OVERTURN presumption
- Balfour: had come to be expected as part of relationship - Issues with Social/ Domestic
- Simkins v Pays: equal financial input + ICLR
- Wilson v Burnett: needs to be written proof - Marketing ‘Puff’
- Carlil
- Esso v Commissioner of Customs and Exercise: world cup coins were ICLR even though they were worthless plastic and part of a marketing campaign