What is an offer? Flashcards
What is an offer
an indication of a party’s willingness to contract with the party to whom it is addressed and it will become legally binding as soon as there is a valid acceptance.
Which case indicates that an offer may be made to an individual or the world as a whole
Carbolic Smoke Ball Co (an advert was placed in the window offering £100 for anyone who contracts influenza after using the carbolic smoke ball, it also stated that a £1000 deposit had been put down)- it was held that a reasonable member of the public after reasoning the advert would believe that the company intended to be bound by the terms stated, so the advert was held to be a vaild offer.
In which case was the objectivity principle confirmed
Smith v Huges- Lord Blackburn
What was held in Gibson v Manchester CC
‘may be prepared to sell’ is fatally unequivocal and therefore cannot amount to an offer
What was held in Harvey v Facey
(C requested information, to which C replied, lowest price for bumper hall pen £900, which D then agreed to pay that price) It was held that there was no offer until D agreed to pay that price, when C relied it was merely a response to a request for information and not an offer.
In which case was ‘I am prepared to offer you my estate for £900, held to be a preliminary statement
Clifton V Palumbo