Offers

scenario between Arnold, Bertram, Charlie and Doris is a classic issue of offer and acceptance. These are two elements of a valid contract. The scenario also raises its potential of being an invitation to treat as this is a stark contrast to that of an offer. That is, we must consider whether the notice placed on the car constitutes a valid offer or if it was a mere invitation to treat. If this notice does amount to a valid offer where Arnold outlines the terms and conditions (the price at which he was

accept the offer. However, Ben changes his

make an offer. An ‘offer’ can be converted into a contract by acceptance, provided the other requirements of vailed contract are present but an ‘invitation’ to treat cannot be ‘accepted’ To offer goods for sale in a shop window is to invite customers to make offers or an ‘invitation

firms offer premia for their own shares mainly in order to signal positive information, and that the market uses the

taken as acceptance of the offer by Samantha? Penny had passed on the acceptance, but it was to Anne, not to Samantha. On the Thursday, Samantha was entertaining friends and the subject of the sale of the oboe came into conversation. One of her friends, Gillian, was interested and offered Samantha £1300 for the oboe. Samantha was obviously very happy with this offer, as it was £300 over the amount she had offered Penny. She accepted the offer from Gillian and a contract

the additional 20,3 % due to the first tier second stage, and then could their proceed with the back-end offer for the remaining 60%. As mention earlier, because CSX choose to offer two different prices to Conrails shareholders, were they required to do the first tier in two stages. 3. As a Conrail shareholder, would you tender your shares to CSX at $92.50 in the first-stage offer? Why or why not? Consolidated Rail – Case B 4. Why did Norfolk Southern make a hostile bid for Conrail

member to clean his house when Melinda indicated to Tobias of a new offer at £100 (+VAT) an hour per team member, in effect cancelled the original offer. A contract can be terminated in certain circumstances and methods. The offeror may revoke an offer before it has been accepted and any counter offer also terminates the original offer. In Carlill v Carbolic Smoke Ball Company, the revocation must take a form that is similar to the offer. The post rule for revocation is an interesting take on contract

According the scenario, this problem is concerned about distinguishing between the offer and an invitation to treat. The answer need to be consider When a valid offer is made and whether there is an agreement between Necola and Janet by accepting the offer. The main rule is that the acceptance must be communicated to the offeror. Until and unless the acceptance is communicated, no contract comes into existence. Here Janet 's advertisement for selling the car price £3200 was an invitation to treat

consists of an offer and an acceptance. An offer is defined as indication of the terms upon which an individual is ready to be obligated. On the other hand, an acceptance is the agreement of the terms that have been offered. The parties associated with the agreement are known as an offeror or an offeree. The offeror is the one who makes the offer, and the offeree is the one accepts the offer (Curtin College 2014). For an offer to be satisfied, there are rules to be considered. The offer has to be complete

potential weakness could result in a concern about the management synergies of the deal. Following the merger announcement of $8.3bn of CSX-Conrail in 1996, the third largest railroad company in the Eastern region, Norfolk proposed a hostile offer of $9.1bn for Conrail. The concerns of a potential