Explain The Rules Relating To An Offer

Submitted By gedikoglua
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Pages: 2

Q1 ) Describe the rules relating to an offer, including discussion of when and how an offer may be withdrawn. Use case law to illustrate your answer . To begin with , offer and acceptance are the beginning part to any agreement . When one party makes an offer and the other party accepts the offer , an agreement has been reached . At this point , the only other thing needed to become a legally agreement is consideration . All agreements are included different requirements . Without one of the minimum requirements of condition an offer of sale is not seen as a legal offer . It is an advertisement . Also there are different situations might change to agreements . Unilateral contract is only one party can attend under the contract . This case is generally seen to demonstrate the connection between the requirements of offer and acceptance . The contract in Carlill V Carbolic Smoke Ball CO was known as a unilateral contract . Besides , invitation to treat is not an offer . Fisher V Bell was known as invitation to treat . At the beginning in this case , act is known as an offer for sale of various items . However divisional court said that shopkeeper committed no offence and display was an invitation to treat , not an offer to sell . However , in some case offer might withdrawn . Party may want to withdraw offer for several reasons . They can withdraw the offer as quickly as possible but if the offer has not been accepted . Also if the offeror submits a counteroffer instead of accepting offeree ‘s offer , offeree may reject counteroffer and not be liable for offeree ‘s offer .
Q2) What are the rules relation to acceptance of an offer ? Use case law to illustrate your answer . To begin with , acceptance is the