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Thursday, December 19, 2013

Law Of Contract: Offer & Acceptance

At beginning Yusuf invited the public to offer for the computer . this is called invitation to underwrite which cannot be called an offer . When Stamatelly Telaviv stated her price as I can only afford ?120 he do an offer to the moveer of the computer . This offer was not original by Yusuf . up this point there is no reasoned get down aim among them . Upon rejection of the offer from Stamatelly Telaviv by Yusuf the offer was terminated . In case with similar facts of Hyde v Wrench wrench offered to look at his farm at ?1000 , Hyde look for offered which was rejected by wrench . Later they changed there mind and decided to misuse at the original offer which was also rejected . Hyde sued for on the nose performance and it was held that there was no set outLater by writing I agree to your original price of ?200 , a mo d offer was being made . Which was also terminated by a counterpunch offer of ?180 but the counter offer had some specific conditions . In for this to be a contract she had to respond by the following day at noon . Instead of responding by accepting she stated that she had veritable the original offer . This terminated the offer . This was equivalent to rejectionIn to a contract an offer must be authoritative .
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Where the acceptor miscellaneous the terms it amounts to counter offer and the offer is terminated . so I will advice Stamatelly Telaviv that there was no enforceable contract between her and Yusuf and there was no time an offer was reliable in ! their caseI will further advice the lady on compile ways in which an enforceable contract can be made . One of the ways is offer and acceptance without changing terms . The acceptance must also be communicated to offerer in a manner prescribed by the offeror . Lastly it must be within the time specifiedReferencesHussain A (2003 General Principles Law and Commercial LawJordans Cases and materials in Company verticality , L C Sealy , Butterworths Heinemann...If you want to get a reliable essay, order it on our website: OrderCustomPaper.com

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