offer and acceptance Flashcards
(16 cards)
what’s an offer
a proposal showing willingness to contract on firm and definite terms
define offeror and offereee
person making the offer and to whom it’s made
when does it come into existence
when communicated, spoken or written
what must offer be in
firm and definite terms (gibson v manchester city council)
what isn’t an offer
a request for further information (harvey v facey)
who can make an offer
anyone individual, company machine etc
machine - thornton v shoe lane parking
who can it be made to
an individual,group or organisation (bilateral)
world at large
(unilateral)
how long does offer last
while it’s open
when does it end
- revocation
- rejection
- lapse of time
- death
- acceptance
what is acceptance
a final unconditional agreement to all terms of the contract
what form must it be jn
any as long as communicated to the offeror
what can be specified
a manditory instruction to be followed when accepting
(yates v pullyn - can be ignored if it’s purley for the benefit of oferee)
how does acceptance take place
- pisitive act
- postal rules
- electronic
positive act
postal rules
electronic
