Offer Flashcards
(14 cards)
What is the ‘mirror image’ rule?
There is a point in time when one party makes an offer and the other party accepts that offer
Who discusses the ‘mirror image’ rule?
Mindy Chen-Wishart
What are the formation questions?
Whether, When, What
When are the formation questions answered?
at the moment of acceptance
What is the definition of an offer?
- Chen-Wishart
“an offer is a manifestation (whether orally. in writing, or by conduct) by the offeror of a willingness to be bound by the terms proposed to the offeree (the addressee) as soon as the offeree signifies acceptance of the terms”
Is it a subjective or objective test?
- which case tells us?
- It is an objective test
- The actual intention of the parties is subjective
- The question is: how would reasonable and honest people interpret the party’s intention from his conduct in all the circumstances
Smith v Hughes [1871]
What is an invitation to treat?
- which case discusses this?
- is a willingness to negotiate
- it is a statement / action inviting others to make offers → rather than being an offer itself
- a preliminary step which doesn’t bind
Gibson v Manchester City Council [1979]
What 2 conventions are ITTs, not offers
- 2 cases
- Displays in stores
- Adverts in newspapers
- Pharmaceutical Society of Great Britain v Boots Cash Chemists [1953]
- Partridge v Crittenden [1968]
Which case is an exception to the ITT conventions rule?
Carlill v Carbolic Smoke Ball Company [1892]
What can offer be confused with?
- case
a supply of information
Harvey v Facey [1893]
What is a tender?
A tender is a formal offer or bid from a potential supplier seeking to secure a contract
What is an invitation to tender?
- case
merely an ITT
Spencer v Harding [1870]
What is the offer and acceptance elements of a tender?
- offer: submission of a tender
- acceptance: relevant acceptance of the tender
When may you be liable with tenders?
- 2 cases
- you fail to accept the highest tender
- you fail to consider a tender
- Harvela Investments Ltd v Royal Trust Co of Canada (CI) Ltd [1986]
- Blackpool and Fylde Aero Club Ltd v Blackpool BC [1990]