Offer

Question 1

What must a valid contract contain

Answer 1

An offer

Question 2

What is an offer

Answer 2

A statement containing the essential terms expressed in reasonably certain terms and a statement of terms upon which one party is willing to enter into a contract with the other

Question 3

Who is an offer made by

Answer 3

The offeree

Question 4

Why does the offeree offer the contract

Answer 4

To enter into a legally binding agreement based on the terms set out in the offer

Question 5

When is a contract formed

Answer 5

When the terms are accepted

Question 6

What case would you use for the definition of an offer

Answer 6

Gibson v Manchester City Council

Question 7

What are the 2 types of contracts

Answer 7

Bilateral and unilateral

Question 8

What is a bilateral contract

Answer 8

Agreement between 2 parties whereby they each promise an act in exchange for the other parties act

Question 9

What is an example of a bilateral contract

Answer 9

One party offers to pay money and the other party offers to pass ownership of the item over such as buying chocolate from a shop

Question 10

What is a unilateral contract

Answer 10

Not an exchange of promises but rathe 1 party (the offeror) makes a promise in exchange for a specific act by another

Question 11

What is an example of a unilateral contract

Answer 11

If you find a golden ticket to a restaurant so you win a free meal

Question 12

What case would you use for unilateral contract

Answer 12

Carlill v Carbolic smokeball Co

Question 13

Is the response to a question an offer

Answer 13

No

Question 14

What case would you use for answering a question is not an offer

Answer 14

Harvey v Facey

Question 15

Can offers be made by machines on behalf of companies

Answer 15

Yes

Question 16

What case would you use for offers be made by machines on behalf of companies

Answer 16

Thornton v Shoe lane parking

Question 17

Who can offers be made to

Answer 17

A specific person, group of people or the world

Question 18

What case supports an offer being made to a specific person

Answer 18

Gibson v Manchester City Council

Question 19

What case supports that an offer can be made to the whole world

Answer 19

Carlill v Carbolic smokeball Co

Question 20

What must the offer be in order to be accepted

Answer 20

Clear for everybody and there must be knowledge of it

Question 21

What case would you use for what an offer should be

Answer 21

Taylor v Laird

Question 22

What is the general rule of terminating an offer

Answer 22

Offers can be withdrawn at any time before being accepted

Question 23

What case would you use as the general rule of termination

Answer 23

Routledge v grant

Question 24

What are some situations where an offer can be validly terminated

Answer 24

If its rejected, withdrawn, withdrawn by a 3rd party, reasonable time has passed, counter offer has been made, failure of conditions and death

Question 25

What case would you use for withdrawn at any time

Answer 25

Routledge v grant

Question 26

What case would you use for withdrawn by a third party as long as the communication is clear

Answer 26

Dickinson v Dodds

Question 27

What case would you use for counter offer has been made

Answer 27

Hyde v Wrench

Question 28

What does counter offer mean

Answer 28

You do not have to accept an offer previously made that was already rejected and they have gone back to it

Question 29

What case would you use for reasonable time has passed

Answer 29

Ramsgate Victoria Hotel v Montefiore

Question 30

What case would you use for if the party dies

Answer 30

Reynolds v Atherton