contract that make the contract valid. Moreover, the elements of a valid contract will be presented in the following order: offer/agreement, consideration, acceptance, contractual capacity, and legality First, let us observe the necessary element, offer/agreement. An offer deals with a promise or pledge to conduct or to abstain from at a future time. To create a strong offer, three elements must be present: intention, definiteness and communication. A serious, objective intention is best in deciding
formation. Was there an offer and a relevant acceptance of that offer? To begin with, it needs to be determined whether there was an offer. Ben bought the bus through the ‘garthdon-jumbles.eu’ website and despite a price being displayed the initial advert was an invitation to treat. An invitation to treat is “when the person who made the invitation to treat is not obligated to accept the offer in the absence of a promise to do so” . The invitation to treat was only then made into an offer when Colin sent
weather. The plaintiffs contended that the contract should be binding on both parties at the exact moment of posting whilst the defendants argued that not until the offer was received as confirmed did the contract bind the parties concerned, in conjunction with a revocation of offer indicated by resale of goods before receipt of offer. The court eventually
thought about one BATNA of the other party. There could be different scenarios for the station owner as for example continuing working in the station and sell the station to a later point of time. I just assumed that the only possible BATNA is an offer of another company. 2. With what aspects of your at-the-table negotiating were you particularly pleased? Why? Through my prior designed questions
Law The Indian Contract Act, 1872, recognises tender of performance and its important role in Contract Law. Section 38 mentions situations when tender of performance is not accepted by the promisee. It states - "38. Effect of refusal to accept offer of performance Where
Regards, Team 5 In deciding if Pine Trees was liable for the damages to Burger Ranch, first it must be determined whether or not their contract was valid. In order to determine if their contract was valid, it must be determined if there was an offer and acceptance. First, Burger Ranch submitted a purchase order to Pine Trees Inc. for 137 decorated
legality of object. Offer is the promise made by the offeror. Generally, advertisement is the invitation to treat. Invitation to treat is different to the offer, so the advertisement is not an offer. (Partridge v Crittenden[1968] 1 WLR 1204) Emma wants to buy a television. She goes to the shop which owned by Tony for browsing. Emma is caught by an advertisement of a widescreen television. When Emma see the advertisement of the television, it is an invitation to treat not an offer. Therefore, there
Some suggest that such consequences make the postal rule unfair and that it should be the responsibility of the offeree to ensure that the letter reaches its destination. However, the offeror controls the terms of the offer so he can stipulate that the acceptance must be communicated in a particular manner. If he does not do so, it could be argued that he only has himself to blame. The most renowned formulation of the rule is that propounded by Lord Hershell in Henthorn
shall not through the medium of a company, close corporation or third party, or by using such company, close corporation or third party as a front or nominee, act in a way which would not be accepted if he was acting as an estate agent. 2.6 shall offer equal services regardless of race, creed, sex, or country of national origin; 2.7 shall not treat a purchaser according to who the purchaser chooses as a financial institution. . Mandates 3.1 No agent may sell a property unless he has a signed mandate
RM5,000 for “Hawa”. This is an offer. Offer had be defined in S2(a) Contracts Act 1950 as “when one person signifies to another his willingness to do or to abstain from doing anything, with a view to obtaining the assent of that other to the act or abstinence, he is said to make a proposal”. Under the Contract Act 1950, a proposal is something which is capable of being converted into an agreement by its acceptance. Moreover, merely giving information is not an offer. For example of Harvey v Facey