100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
logo-home
contract law £17.49
Add to cart

Lecture notes

contract law

 13 views  0 purchase

Lecture notes study book Een nieuw sociaal contract of Pieter Omtzigt - ISBN: 9789044648058, Edition: 1, Year of publication: - (work)

Preview 2 out of 6  pages

  • April 2, 2021
  • 6
  • 2020/2021
  • Lecture notes
  • Nwaknee
  • All classes
book image

Book Title:

Author(s):

  • Edition:
  • ISBN:
  • Edition:
All for this textbook (3)
All documents for this subject (10)
avatar-seller
finernotes
Contract+ Legally Binding Agreement

Offer + Acceptance = Agreement




Offer= Treitel “An expression of willingness to contract on certain terms, made with the
intention that it shall become binding as soon as it is accepted by the person to
whom it is addressed”

Notes: Promise to be bound may be oral or in writing, Terms must be sufficiently
definite, must be intended to create a binding contract, must be capable of being
accepted without further negotiations and can be made to a specific person or a class
of persons of the whole world.

Offeror- Makes the offer

Offeree- to whom the offer is made to




Distinction between Offer and Invitation to treat

Did the maker of the statement intend to be bound by an acceptance of the terms
without further negotiation? - Valid Offer

Did the maker of the statement only intend his statement to be part of the continuing
negotiation process?- Invitation to Treat

E.g. Harvey v Facey 1983




Displays of Goods in a shop

General Rule: display of goods is an invitation to treat; Pharmaceutical society of CB v
Boots Cash Chemists 1963, Fisher v Bell 1961




Advertisements

, General Rule: newspaper advertisement= invitation to treat- Partridge v Crittenden 1968




Another Exception- Unilateral Offers

If the advertisement indicates a course of action or condition for which the advertiser
makes a promise to pay- bound by promise: Carbolic v The Carbolic Smokeball Co
Ltd 1893

Adverts for rewards= offer as long as there is an intention to be bound as soon as
info is provided but there must be knowledge of offer: Williams v Carwardine 1833; R
v Clarke




Mechanical Transactions: Thornton v Shoe Lane Parking Ltd 1971; Chapelton v Barry
UDC 1940




Auctions

General Rule: When an auctioneer invited bids to be made= invitation to Treat.Offer=
bid; Acceptance = fail of the hammer

Auction “without reserve”- Auctioneer undertake to sell to the highest bidder

Auction “with reserve”- Auctioneer will not accept bid below reserved price set by
owner of goods

Advertisement to say that an auction will take place on a certain day= invitation to
treat- Harris v Nickerson 1873




Tender

General Rule: The call for tenders= invitation to treat

Offer is made by the person who submits tender

The benefits of buying summaries with Stuvia:

Guaranteed quality through customer reviews

Guaranteed quality through customer reviews

Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.

Quick and easy check-out

Quick and easy check-out

You can quickly pay through credit card for the summaries. There is no membership needed.

Focus on what matters

Focus on what matters

Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!

Frequently asked questions

What do I get when I buy this document?

You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.

Satisfaction guarantee: how does it work?

Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.

Who am I buying these notes from?

Stuvia is a marketplace, so you are not buying this document from us, but from seller finernotes. Stuvia facilitates payment to the seller.

Will I be stuck with a subscription?

No, you only buy these notes for £17.49. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

50843 documents were sold in the last 30 days

Founded in 2010, the go-to place to buy revision notes and other study material for 14 years now

Start selling
£17.49
  • (0)
Add to cart
Added