Offer, Acceptance And Consideration Flashcards
Offer
A statement of willingness by one party to enter a contract based on set of term
Offer must be communicated
Taylor v larid
Offer must be communicated for there to be a contract
Offer must be definite or certain
Gibson v Manchester
Vagueness in a statement will be considered as a invitation to treat instead of an offer
Invitations to treat are not offers
Fisher v bell
Items in a shop window = invitation to treat
Partridge v crittenden
Adverts will be normally treated as an invitation to treat
An offer can be made to one person or the world
Unilateral contract = offers made to the world
Request for information doesn’t create an offer
Harvey v facey
Neither an inquiry or the response to one creates an offer
An offer can be accepted at any point while it is open/ an offer can be withdrawn way any time before acceptance
Routledge v grant
An offer can be withdrawn at any point before the acceptance
Counter offers reject the original one
Hyde v wrench
Offer can be ended by a lapse of time
Ramsgate victoria hotel v montifiore
A long delay can create a lapse of time, which may automatically end an offer