Offer & Acceptance Flashcards
What is the difference between an agreement and a contract?
Offer + Acceptance = Agreement
Agreement + Consideration + Intent for legal relations = Contract
What did Gibson v MCC say?
The councils wording was not clear enough for it to amount to an offer. Whereas they were simply inviting him to make an offer.
What case is used for shop windows being an invitation?
Fisher v Bell
What case is used for shop shelves being an invitation?
PSGB v Boots
What case is used for advertisements in newspapers being an invitation?
Partridge v Crittenden?
What did Carlill say?
If an advertisement is clear in its terms it is capable of being an offer.
What did Harvey v Facey say?
Requests for information and answers to the information are not offers.
What is a bilateral contract?
Where two parties both have to do something after the contract is made. For example, M agrees to sell P their car for £2000. P has to pay the £2000 and M has to hand the car over.
What is a unilateral contract?
Where only one party has an obligation. This is usually only in reward situations.
What are the 6 scenarios when contracts end?
1 - Acceptance - Offeree agreeing with the terms, turning the offer into an agreement.
2 - Rejection/Refusal - Offeree rejects an offer, ending it
3 - Death of the offeror - if the offeree does know of the death, the offer dies, but if they don’t, the offer can still be accepted.
4 - Counter offer - If the offeree wants to accept but change a term in it. The counter offer ends the original offer.
5 - Lapse of time - Offer ending after a particular/reasonable amount of time.
6 - Withdrawal/Revocation - Offers can be withdrawn as long as they have not been accepted.
What is the case for counter offer?
Hyde v Wrench - The counter offer ends the original offer, meaning the old offer can no longer be accepted.
What is the case for lapse of time?
Ramsgate Hotel v Montefiore
What are the cases for withdrawal/revocation?
Routledge v Grant - Revocation can be done even if the offer was meant to be open for a particular amount of time.
Dickenson v Dodds - Revocation can be done by a reliable third party.
What did the case of Yates v Pulleyn say?
The offeror can specify a method of acceptance.
What did the case of Felthouse v Bindley say?
Silence or inactivity is not acceptance - acceptance must be communicated to the offeror.