Hyder V Wrench Case Study

Great Essays
(a)Issue
Plaintiff: Bernard, Charlene and Damien
Defendant: Alan
Plaintiff(s) wish to sue defendant for breach of terms. This is depends on whether there is a valid contract formed between each of the plaintiff and defendant.

(b)Rules
The law of contact is must be lawfully binding contact between two or more parties enforceable by law. On the fact, it is not written but is be verbal. However, it is clear that a contract does not have to be in writing.
(i)Offer: Offer is determine the offeror is expression of willingness to enter into contract with offeree (Professor Trcitel). It is different from a counter-offer (Hyder v Wrench). Examples will be advertisements, auctions, tenders and display of goods. Firstly, it should be resolved there
…show more content…
Counter-offer figure out whether in his answer to an offer, whther the offeree introduced a new terms or changed the terms of the offer, then that the answer cannot be equal to an acceptance. Instead, the reply is considered as a ‘counter-offer’, and the original offeror is free to accept or reject it. A counter- is also the rejection of the original offer, which cannot be accepted subsequently.
A case illustrative of this is Hyde v. Wrench (1840), where because of an offer to offer a home at a specific piece, the offended party made an offer to purchase at a lower cost. This offer was rejected, and the plaintiff sought to accept the preliminary offer. It was held that no agreement was made as the underlying offer was ended by the counter-offer.
Positive Acceptance mean acceptance must be positive and not passive. In other words the party accepting the agreement should suffer acknowledge an offer. He could not be considered to have accepted his
…show more content…
According to (Professor Atiyah), someone get profit and someone get loss. Certain rules apply; for instance, consideration cannot be past (Roscola v Thomas). Consideration cannot be paid for existing contractual duty (Stilk v Myrick). Finally, consideration cannot be a part of money to instead of full term (Pinnel’s case).Consideration mean promissor use the price in swap off the commitment of so through something. Consideration need to require the contract whether binding. Both of these parties need to reach an agreement under the law binding. If the parties are not accept the offer in the agreement, however the offeror can quit the contract with no any problem. (Williams v Raffrey Brothers).

(iv)Intentions: Intention to create legal relations (I.T.C.L.R) is defined as a purpose to enter a lawfully authoritative understanding or contract. The intention of establishing a legal relationship is one of the obligatory factors to form a contract. This intention i be made up of the preparation of a legal sequence by which a party to accept the agreement.
It is eventful to notice that not every agreement results in a binding contract that can be forcibly by the courts (Merritt v

Related Documents

  • Improved Essays

    Nt1310 Unit 9 Study Guide

    • 432 Words
    • 2 Pages

    Acceptance can only be concluded contracted where it has been unequivocally communicated to the offer .…

    • 432 Words
    • 2 Pages
    Improved Essays
  • Great Essays

    Psy 230 Week 4

    • 1820 Words
    • 8 Pages

    A valid acceptance, in general, should use the mirror-rule: it must be unconditional, equivocal and it should correlate with the exact elements and terms nominated by the offeror. The acceptance is the final assent to the terms of an offer. If, through the response the offeree alters a term or adds a new one in the offer, that will create a counter-offer and cannot constitute the acceptance of the original one. At this point the offeror and the offeree switch places, and the agreement will only conclude after there is acceptance from the original offeror, in this case Cory. Furthermore, the effect is in the same was as a rejection, the original offer is no longer valid. A clear example that demonstrates the effects of the counter-offer is Hyde v Wrench [1840] EWCH Ch J90 where Wrench wanted to sell his farm to Hyde for 1000 GBP. Hyde counter-offered and after the initial offeror rejected the new offer, he changed his mind and announced Wrench that he accepts the initial offer after all. It was held by Lord Longdale that there was no obligation between the two parties as the initial offer was destroyed when Hyde counter-offered. He stated that “if the offer had at once been unconditionally accepted, there would undoubtedly have been a perfect binding contract; instead of that, the plaintiff made an offer of his own […]. I think that it was not afterwards competent for him to revive the proposal by tendering an acceptance of…

    • 1820 Words
    • 8 Pages
    Great Essays
  • Improved Essays

    Kim V. Son Case Analysis

    • 706 Words
    • 3 Pages

    With common law any change to an offer is a rejection of that offer and creates a new offer between the two parties (Overview of UCC Contracts and Common Law Contracts, 2015). When the counter offer creates a new offer it also changes who the initial offeree was to now the offeror and when modification of a contract occurs the contract now requires consideration from both parties (Overview of UCC Contracts and Common Law Contracts, 2015). Common law requires a description on the quantity, price, performance time, nature of work and identity of an offer to be part of a valid contract (Overview of UCC Contracts and Common Law Contracts,…

    • 706 Words
    • 3 Pages
    Improved Essays
  • Improved Essays

    It is understood and agree that this contract is not to be binding upon either party until it is endorsed by the parties involved as security for the execution of the promises and conditions thereof.…

    • 427 Words
    • 2 Pages
    Improved Essays
  • Improved Essays

    “The Bullard House” case today was about the familiar negotiation that we might have experienced or would have a high possibility to do in real life: real estate negotiation. In this kind of transaction, quite frequently, there are the participation of agents who work for their clients’ interests. Sometimes because of their commission from the transaction, sometimes in order to fulfill their clients’ real purposes, they try to make the deal at any cost. From “The Bullard House” case, we could reveal what might happen in such cases, how each side might behave, what should be the proper outcomes and why.…

    • 1839 Words
    • 8 Pages
    Improved Essays
  • Improved Essays

    The Plaintiff and the Defendant had been friends for many years before this incident. They are both musicians and both have helped each other out when it came to their careers. When the Plaintiff stated that if someone needed help on a track then he would ask the Defendant to come and join in. The same instance goes for the Defendant; if he needed help with a track or anything he would go to his then friend the Plaintiff. When the Plaintiff asked for help from the Defendant with the whole album, the Plaintiff left the defendant a voicemail stating the dates available and the very high discounted rate of seven hundred dollars. Although, the Plaintiff made an offer it was never validated by a definite commitment with terms made to the Defendant. Since the Defendant states he had no recollection of the seven hundred dollar fee, he never accepted the terms or the conditions. In order for they're to be any kind of agreement there has to be a meeting of minds. Furthermore, there was never anything else that could have substituted any kind of contractual agreement. In conclusion, there may have been an offer presented by one party but there was never any valid contract. The Defendant is not liable for the seven hundred dollars.…

    • 558 Words
    • 3 Pages
    Improved Essays
  • Improved Essays

    External Consultants

    • 528 Words
    • 3 Pages

    A contract is a legal agreement between two or more parties that contain a mutual agreements that enforceable at the law(Varone, 2012, p. 332).. Contracts can be by word of mouth, in writing, or implied by parties in some cases, whereas though consideration can be an act of promise (Varone, 2012, p. 332-333). In most cases, contracts are started when an offer is made and another party accepts. There is no acceptance when nothing is agreed upon between parties, but is legally binding once agreed upon. Contracts can become in three ways, oral, written, or implied (Varone, 2012, p. 335). An oral contract can be enforceable same as a written contract, implied stems from the conduct of the parties, for example if was to go to store and get some…

    • 528 Words
    • 3 Pages
    Improved Essays
  • Improved Essays

    Subsequently, the offeree would be unable to accept and be bound by the tender. Since Paints-R-Us responded with a tender of ‘$50 000 below the lowest-priced tender received by [MML],’ MML would be unable to be bound to accept their tender, even though the tender itself was submitted with the administration fee and within the given time i.e. appearing to comply with the terms of the tender process. The terms of the tender were such that they were to be treated as confidential and that MML would be bound to the ‘lowest-priced complying tender.’ From this, it would appear that the tender submitted by Paints-R-Us was inconsistent with the terms set out in the process contract and thus, Paints-R-Us breached the unilateral contract disallowing MML to fulfil its obligation to the process contract and the other…

    • 699 Words
    • 3 Pages
    Improved Essays
  • Improved Essays

    Sally's Call Case

    • 978 Words
    • 4 Pages

    Offer and acceptance are means of analysing the process of negotiation to decide whether and when a contract has been made and what therefore constitute its terms. An example of its use to determine if there is a contract is provided by the court in…

    • 978 Words
    • 4 Pages
    Improved Essays
  • Improved Essays

    Offer is the first step if you want to constitute a contract. Without offer there is no acceptance and without acceptance there is no contract. There are two main types of offers, which are, the bilateral offer and the unilateral offer. A bilateral offer is an offer given to a specific audience and it targets a specific group or party. While, on the other hand, a unilateral offer is an offer proposed to the public in general and is accepted through conduct or performance. From a layman’s view, a unilateral offer and an invitation to treat seems like the same thing but, it is not. There are many differences between a unilateral offer and an invitation to treat which will be discussed under.…

    • 1262 Words
    • 6 Pages
    Improved Essays
  • Improved Essays

    Promissory Estoppel Essay

    • 707 Words
    • 3 Pages

    A contract is a legally binding agreement in law between two or more parties, which is enforced by law or by binding arbitration if it covers the elements of a valid legal agreement. For there to be a valid contract, three elements must be present, offer, acceptance, and consideration. If there is no consideration, there is no contract; however, with promissory estoppel instead of consideration, if there is a promise which induces reliance, the court would find some sort of liability for the promise. Promissory estoppel is where there has been a promise, there was a reasonable expectation of reliance, and a justifiable reliance or unfair injury or loss.…

    • 707 Words
    • 3 Pages
    Improved Essays
  • Improved Essays

    The idea of creating a contract is to have two or more parties agree to something. This idea is to protect those involved in the exchange. For many circumstances, when dealing with contracts, it can become a hassle, this especially true for agreements without paper written contracts. Such situations can end up in court, this to allow the law to figure out who is right or wrong. With a written contract, the courts or laws can decide who benefits from the terms of the contract. For this to be true, both parties must agree to the formation of the contract. Before any party accepts any offers from a contract, they must pay close attention to its terms, terms are a very important part of a contract. Terms are elements…

    • 804 Words
    • 4 Pages
    Improved Essays
  • Superior Essays

    Contracts are an integral part of society, having strong legal contractual principles gives confidence to consumers, investors and anyone who wishes to enter into a contract. Entering in a contract shows that in a primitive way that two parties are on the same page, however it is noted that a high proportion of litigation does actually stem from misunderstood contract (Duxbury (2011)).In this scenario Gary believes he has a valid contract with Mike and is disappointed to learn that Mike has sold on the Bike to Liz (third party). Using previous cases as precedent and analysing the conditions in which a contract is made, advice will be given to Gary on his legal position in regards to the contract and whether there is any suitable remedy that…

    • 1534 Words
    • 6 Pages
    Superior Essays
  • Improved Essays

    An agreement is a binding agreement involves a ‘meeting of the mind’ (consensus ad idem); a contract could be accomplished by the acceptance. Offer may defined as a final statement or proposal by the offeror to the offeree. Statement or proposal is generally based on certain terms and follows a process of negotiation between the parties; an offer only could stand when the terms are finalized between offeror and offeree and the offer could only be legally bound when both parties accepted (Monahan 2001, 5).…

    • 1124 Words
    • 4 Pages
    Improved Essays
  • Improved Essays

    The English law of contract explains a contract as a legally binding or valid agreement between two or more parties with the purpose of creating a commitment. Formation of a valid contract must contain the elements; offer and agreement, consideration and Intention. An offer is a definite statement of willingness to be bound on specified terms. Acceptance can be defined as approving to all the terms of an offer (CIMA, 2015). Offer and acceptance should be able to bind the parties, for the two minds to meet also known as consensus ad idem (Merwe, 2003). If the two minds are unable to meet, then it means that the offer will…

    • 2739 Words
    • 11 Pages
    Improved Essays