Offer Flashcards

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1
Q

What is a contract?

A

an agreement between 2 parties with a promise to give and receive something - intent of it being legally binding

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2
Q

What is the difference between a bilateral and a unilateral contract?

A

Bilateral = between 2 people (the offeror and offeree)

Unilateral = one party open to the world

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3
Q

Carlill v Carbolic Smoke Ball Co 1892

A

flu cure - £100 if contracted the flu

Held: because they deposited £1000 in an account = shows willingness and therefore has to pay out

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4
Q

7 elements of a binding contract

A

1) must be expressed or implied
2) specific or general
3) must be communicated
4) definite and not vague
5) should not impose an obligation to communicate non-acceptance
6) must be more than a mere statement of information
7) different from an invitation to treat

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5
Q

Taylor v Laird 1856

A

offer must be communicated

captain of a ship dipped half way to become a crew member then tried to claim his wages

held - failed as this had not been communicated

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6
Q

Guthing v Lynn 1831

A

contract should be definite and not vague

buyer of a horse said if it’s lucky he’ll pay an extra £5

held - promise was too vague

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7
Q

Hillas v Arcos 1932

A

contract should be definite and not vague

Hillas bought some timber from Arcos - offer contained an option that they would be able to buy up to 100,000 units at a discounted rate of 5%
Arcos later refused to honour this as they claimed the offer was too vague

HELD - offer was valid and enforceable as not vague

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8
Q

Harvey v Facey 1893

A

a contract should be more than a mere statement of fact

held - not a contract - Facey was merely responding to a request for more info = not an offer

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9
Q

5 examples of invitations to treat

A

display of goods

ticket and vending machines

auctions

tenders

advertisements

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10
Q

Fisher v Bell 1961

A

display of goods (itt)

the defendant displayed a flick knife in his shop window with a price tag - went against the Restriction of Offensive Weapons Act 1959

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11
Q

Pharmaceutical Society of GB v Boots Cash Chemists (Southern) Ltd 1952

A

display of goods (itt)

goods on a shelf constitute as an itt - the customer takes the goods to the till and makes an offer to purchase

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12
Q

Thorton v Shoe Lane Parking 1971

A

ticket and vending machines (itt)

the machine itself constituted the offer - acceptance was made by putting money into the machine

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13
Q

Partridge v Crittenden 1968

A

advertisements (itt)

the defendant placed an advert in a classified section of a magazine offering some bramble finches for sale

HELD - the advert was an itt not an offer - however reward posters are offers

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14
Q

Which case states that the revocation of an offer must be communicated to the offeree?

A

Byrne v Van Tienhoven 1880

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15
Q

Which case states that notice of revocation can be communicated through a reliable third party?

A

Dickson v Dodds

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16
Q

5 ways an offer can be terminated

A

rejection

counter-offer

lapse of time (reasonable if not stated)

death (if able to carry on through a representative then will do)

acceptance