Offer Flashcards
(9 cards)
1
Q
- =
A
Statement of terms upon which a person is prepared to be bound by a contract
2
Q
- ITT
A
Indication one is willing to negotiate a contract with another, but not yet to make a legal offer eg adverts (Fisher v Bell - knife/goods in a shop window)
3
Q
- When can an advert be an offer?
A
If it contains clear indication it is meant to be taken seriously as an offer. In the case of Carlil v Carbolic Smoke Ball clear promise of payment
4
Q
- R4I
A
Not offer!
5
Q
- Who can make an offer?
A
Anyone!
- Individual
- Business
- Notice
- Machine
- (Thornton v Shoe Lane Parking)
6
Q
- When does an offer begin?
A
When communicated to the offeree and remains open until time specificed or ARRRD
7
Q
- Revocation
A
As long as it is before acceptance and through the offeror or a reliable person (Dickinson v Dodds)
8
Q
- Rejection
A
Once this is done END (Hyde v Wrench - can include counter)
9
Q
- Fixed or reasonable
A
If fixed period of time given, as soon as expire end. If no ‘reasonable’ time given depending on nature
