Offer Flashcards
Paper 3 Section B:Contract Law
Definition
A promise or proposal to show a willingness to enter a contract on definite terms
Unilateral/bilateral offers
Unilateral offer- one party makes a promise which will be fulfilled if the other party meets the criteria (Carlill v Carbolic Smoke Ball)
Bilateral offer- requires both offeror and offeree to complete an obligation
Invitation to treat
Willingness to negotiate in a contract e.g. goods in a shop window (Fisher v Bell), advertisements (Partridge v Crittenden), auction bids (British Car Auctions v Wright), information requests (Harvey v Facey)
Who can make an offer?
Any person, business or machine can make an offer (Thornton v Shoe Lane Parking), however this must be communicated, silence is not acceptance (Taylor v Laird)
Revocation
To revoke an offer means to withdraw it which can be done at any point before acceptance but this must be communicated, an offer can also be revoked through a reliable third party if both parties are aware (Routledge v Grant)
Rejection
Once an offer has been rejected it is destroyed and cannot later be accepted but this must be communicated as well as counter offers which too destroy original offers (Hyde v Wrench)
Ran out of time
If there is a fixed period for an offer to last then as soon as it expires the offer ends, if there is no set time then the offer will be open for a reasonable amount of time depending on the nature (Ramsgate Victoria Hotel v Montefoire)
Death
If the offeree dies, the offer will end but if the offeror dies then acceptance can still take place until they learn of the death (Bradbury v Morgan)