Rejection of offer + sales of good Flashcards
1
Q
what happens if the offeree rejects an offer
A
offer ends and cant be revoked
2
Q
what is the effect of a counter offer
A
to reject the original offer - it ends - Hyde V Wrench
A request for more info is NOT a counter offer
3
Q
Form of contract
A
most contracts dont need to be in writing
‘by deed’ must be in writing
4
Q
what kind of contracts must be in writing
A
- bills of exchange
- Marine insurance
-consumer credit under £25000 - sale of land
- if not in writing - still valid but cant be enforced if one party refuses to perform
5
Q
Sales of good contract
A
consumers - protected by terms in Sales of good act 1979
- seller promises he has right to sell goods and they will match descriptions
- promises goods are of good quality unless defects have been pointed out