Offer and acceptance

TASK 1: P1: Identify the legal criteria for offer and acceptance in a valid contract. What is a contract? A contract can either be written implied or spoken agreement between two or more people legally binding. Once contract has been the offeror will have to keeps promises provided in the contract and the offeree will have to follow all the terms and condition in the contract will. If one party fail to follow their obligation in the contract condition in the contract they make take legal…

In order for Pat to claim both rewards from Den, she has to prove that both claims are offers and they result in contract formation. Furthermore, for the first offer to hold, Den should not be able to withdraw it. An offer is an expression made by an offeror to an offeree, communicating the offeror’s willingness to perform a promise and intent to be bound upon acceptance by the offeree. In this case, both statements included the exact time, date and conditions, thus, leaving no room for…

In order to determine Ms. Gale’s (“Gale”) course of action against Mr. Branch (“Branch”), it is first crucial to decide whether a contract has been formed? Here, the clearest indication that a contract exists is in the written letter signed by Branch to Gale. In his letter, Branch begins by writing that “for valuable consideration” he will give Gale an option of 120 days to purchase his horse Tinman for $500,000. The letter goes on to include that the horse will be warranted until the date of…

is made up of offer and acceptance, It has been an valid offer and acceptance. An offer is one of the elements of an agreement. An offer is a promise made by the offeror. Invitation to treat is an invitation to others to make an offer. The advertisement is an invitation to treat rather than an offer. According to the case Partridge v Crittenden, s The advertisement of the television which was seen by Emma is an invitation to treat not an offer. Therefore, there is not an offer made by Emma…

contract is formed when acceptance of an offer is met according to the CISG. As per Art14 Moonbeam clearly accepts Tang’s offer to purchase the hairdryers as Moonbeam’s intent to be bound is evident through agreeing to sell the hairdryers and is sufficiently definite - the quantity of 5,000 is specified and the price can be assumed as being included in the proposal, and it can be implied the parties made reference to the price generally charged for such goods. Acceptance…

Offer is defined by Treitel as an expression of willingness to enter into a contract with intention to create legal relation that it shall become binding obligation without any further negotiation, Offer can be in different form such as letter, email, newspaper advertisement, fax and conduct only if offeror is prepared to have a contract. Offer has 3 elements, 1: intention/willingness, 2: specified terms (method of payment) and 3: no further negotiation. There are two types advertisement, 1:…

asked is if the answer by Facey can constitute a binding offer for the sale of the property. Facey had the power and authority to bind his wife, because the property had been purchased with his money. Further Facey’s telegraphic form contained his signature. We can see that the telegram contained the names of the sender and receiver. That is sufficient to satisfy the statute and to see a binding agreement. d) There was no explicit offer from Facey to sell the land for £900 to Harvey. The…

of contract law, a contract is a legally enforceable agreement between two or more people. For a contract to establish, there must be a/an: • Agreement between the parties. - One person (offeror) makes an offer. - The other person (offeree) accepts offer. - Offeree communicates acceptance to the offeror. • Intention of forming legal relations between the parties. - an agreement is not intended to be legally enforceable if formed in a domestic or social context but presumed to be legally…

piano for learning purposes. Ahmad knew about it and he decided to post an offer by letter to Naiker to sell his piano on Monday 2 June stating, “Good quality piano for sale $2,500. If you are interested in buying you must write to me.” After posting the letter out, there was a postal strike out of the blue. Hence, The letter only reached Naiker on Thursday 5 June. Naiker was pleased and excited after receiving the offer, and in…

existence? In particular, was Dorothy obligated to sell her house to Brian? R: Offer and counter-offer “An invitation to treat is essentially an indication that a person is prepared to negotiate” “Acceptance cannot be interfered from the silence or inaction of the offeree” . A: Brian offered to buy Dorothy’s house and Dorothy replied Brian that she would sell the house for $2.000.000. Brian countered Dorothy’s offer with four installments over a 2 year period for $1.500.000. Dorothy was ready…