Termination of an offer Flashcards
1
Q
Offer is accepted
A
Contract is formed
2
Q
Offer is rejected
A
No contract
3
Q
One of the parties dies
A
Offeree dies - Offer is revoked
Offeror dies and offeree is unaware - offer still avaliable
Offeror dies and offeree is aware - offer not avalibale
4
Q
Offer is revoked and reasonable notice is given to the other party
A
Routledge v Grant