Rejection of offer + sales of good Flashcards

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1
Q

what happens if the offeree rejects an offer

A

offer ends and cant be revoked

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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

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3
Q

Form of contract

A

most contracts dont need to be in writing
‘by deed’ must be in writing

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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
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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
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