Offer Termination of
a
A
willingness to contract on certain terms made Any offer ca
An agreement enforceable
at law between two or
with the intention that
·
Terms
it
must be
shall be
clear, certain and
binding
complete
- been
1.
accepted
Revocatio
*
more part, es
mainly common
·
Must be communicate to the other
party 11. Rejection o
law 11 I. Lapse ofti
Cases: iv. Failure ofc
Acceptance Gunthing u
Lynn V. Death or
The final and unconditional Lefkowitzu Greater Minneapolis Surplus
agreement to
expression of Storer Capacity
the terms ofan offer For an
agree
Must match offer must have cap
exactly VS
·
Mirror Image Rule Infants / M
·
·
Must be communicated Invitation to treat 1. Valid Con
and received clear and The difference is detail
the level of put into Contracts ofE
unconditional it Objective test II. Voidable M
↳
Exceptions
-
Advertisements
·
are
generally invitations to before turni
A. Performance treat afterwards
B. Postal Rule Insurance
Cases: III. Void g Any
Cases: Carlillv Carbolic Smoke Ball Co Loan
Neale v Merrett Leonard v Pepsi Co
·
Corporat
Powell Lee
Harvey vFacey Persons w
·
v
British Travel
Bowerman Association of
Metropot
en
Brogden
Agents Cases:
Wettern Electric v Pharmaceutical of
Great Britain v Nash v Inm
Welsh Development Boots Cash Chemists Doyler W
Agency Steinberg
Intention to create a contract Hassard v
Consideration Presumed to have intention if
it appears to
a contract
"If is a
promise reasonable person that have entered a contract
they Principle Prom
of
made
by person to another,
one
·
Family arrangements:Presumption against Equity provide
then consideration is the price
binding contract caused to a per
paid for this - Pollock Commercial Presumed to create
debt/obligation
promise" arrangements:
·
·
Must be sufficient, not legal relation
·