Summary
Summary Features of an offer
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Features of an offer mind map, this helped me achieve a high 2:1.
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malaga989
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"An offer is an expression of awillingness to contract on specified terms
made with the intention to be legally
But not always easy to bound as soon as the offer is accepted by
match up offer and the person to whom it is made"
acceptance especially
when there are long
An offer must be clear
negotiations
Guenter Trietal...
An offer must have
No particular formula Once valid offer is terms that are certain
required for valid
established it has to be
acceptance 'yes i What is an
matched by an acceptance
agree' is sufficient offer?
An offer must be
capable of acceptance
Once an offer is
established it is Offer features Can be written
capable of acceptance or oral
But acceptance must
An apparent
generally be
intention to be To whom?
communicated to the To the
offeror for there to be a
bound may suffice
world at large
binding contract Must be made with
an intention to be
bound by the mere
Express words may be The alleged offeror may fact of acceptance To a
needed to show be bound if his words or group of people
acceptance, and must conduct are such as to
induce a reasonable Offer must be To one person
be on same terms as
person to believe he sufficiently specific in
the offer
intends to be bound - terms of the main
even if he has no such obligation/price to be
intention capable of immediate
acceptance
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