offer Flashcards

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1
Q

contract

A

a legally binding agreement that law enforces e.g buying something

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2
Q

2 types

A

unilateral- 1 party has an obligation under the contract
bilateral- most common type of contract both parties have an obligation

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3
Q

offeror and offeree

A

offeror- person who makes the offer
offeree- person who offers been made to

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4
Q

offer

A

terms by which offeror is prepared to be bound
certain and communicated
(Gibson v MCC)

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5
Q

ITT

A

Not an offer
other person is invited to make offer which can be accepted or rejected
-Ads (Partdridge v Crittenden)
(must be made to specific groups of people)
-Items on display (fisher v bell)
-auctions

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