Fundamentals of Law

An offer is a proposal whereby the parties are willing to contract on a specific set of terms, made by the offeror with the intention that, if the

An offer consists of the element of promissory. This means that there must be an undertaking or promise to give or do something. This is shown in the Placer Development Ltd v Cth case, where the Commonwealth agreed to pay a subsidy to timber importers an amount of money or interest rate that is determined by the Commonwealth from time to time.

A bilateral contract comes into existence at the moment promises are exchanged. True, “promise for a promise”

An offer is the manifestation of the willingness to enter into bargain, so that the offeror understands that he may enter into the bargain freely and that assent to the bargain will complete the transaction. Bill presented an offer to Sara to

An offer is a precise assure and a precise demand. An offer is a look of readiness to perform something that is if followed by the unqualified acceptance of another being. It relates to my example because once agreement is made of how much amount I will pay because then I have to do that.

Offer – to form a contract there must be an offer by one party. It is a definite and clear statement of willingness to be bound on stated terms without further consultations. Offer can be in written or oral form but it is not effective if it is not being communicated to the offeree.

3. An offer. An offer occurs when a party communicates the intention of doing something if the other party does another specific thing. Either the buyer or seller can initiate an offer so it could occur when you approach a cranberry cooperative with an

While they are both forms of contracts and have similar components; they are unique and different from each other in the “execution” and “working” of those steps between the two parties; I’ll take a look at a couple of those. The “Offer” under the UCC Articles an

Although Amy did not accept the offer from Dr Hu to purchase her medical equipment in the prescribed form of post, her acceptance is still valid. It was suggested that ‘where the offeror has prescribed a particular method of acceptance, but not in terms insisting that only acceptance in that mode shall be binding, that acceptance communicated to the offeror by any other mode which is no less advantageous to him will conclude the contract’ . Therefore suggesting that even though Amy did not respond via post as was asked by Dr Hu, the wording in Dr Hu’s email said that ‘you can respond’, can meaning that it was not specified as the only means of accepting the offer, and that other means of acceptance would be seen to form a binding agreement between the two parties. As Amy’s email was in no way less advantageous to Dr Hu it can be seen as a valid acceptance of the offer that was put to Amy. Amy sent her email of acceptance to the email that she received the email from, which conforms with Section 13A(a) of the Electronic Transactions Act 2000 (NSW) which states ‘the time of receipt of the electronic communication is the time when the electronic communication becomes capable of being retrieved by the addressee at an electronic address designated by the addressee’

Offer- An offer is a proposal involving one of the parties offering something of value to the other party in the agreement. Both parties are allowed to reject the offer. For example, buying a second-hand car, a person interested in buying the car makes an oral offer of $16,000.

Firstly ‘Offer’ this is the initial section that begins the fundimentals of a simple contract which can be explained as two parties discussing works for a given set price or price outline, this doesn’t include rough estimations for works but

The general assumption is that this is an advertisement to which any interested party can make an offer rather than the advertisement being a unilateral offer similar to that or Carlill v Carbolic Smokeball Co (1893). This is supported by the case Fisher v Bell (1961) where the

“A contract is a legally enforceable agreement” that” comes into existence from the voluntary assent of two or more individuals to enter into a legally binding agreement” (Rogers, 2012). Under common law, they have an express contract, “Since a contract comes into existence as soon as the offeror’s offer is accepted by the offerer” (Rogers, 2012). So basically a “a contract is formed when an offer by one party is accepted by the other party” and that “offer need not be made to a

An offer is an expression of willingness by one party to contract on certain terms with another party with the understanding that the contract will become binding when accepted by the person to whom it is offered. An offer may be made in different ways, such as in a letter, an email, or even your behavior, so long as it conveys the basis on which the offering party is willing to contract. An offer should consist of: (1) a statement of present intent by the offering party to enter into a contract; (2) a specific proposal that is certain in its terms; and (3) a communication that identifies the person to whom the offer is made. If any of these elements are not present, an offer has not been made. (Walker, C. B., 2012)

An offer is when a person or company proposes a deal. The offeror is the one who creates the offer, while the offeree is the one whom the offer is directed towards. Under the common law, there are statements that do not amount to an offer, problems with the definiteness with an offer, the termination of offers, and the acceptance of offers. Also keep in mind that under the Uniform Commercial Code there are different rules regulating offers and acceptance with the sale of goods.