Offer Flashcards
Learn about the definition, types and cases (5 cards)
1
Q
Definition of an offer
A
A statement of the terms upon which the offeror is prepared to be bound by the terms of the contract
2
Q
How can an offer be made?
A
In writing
In words
By conduct
By a mixture of all 3
3
Q
To whom can an offer be made?
A
One person
A group of people
The world at large
4
Q
Types of offer?
A
Bilateral (specific)
the offeror and offeree makes a promise
Unilateral (general)
a promise in return for an action
5
Q
Case name?
A
Carlill v carbolic smoke bomb=
Unilateral offer