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Offer acceptance
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Created by
Khushi Vaidya
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Cards (8)
Offer
A promise made by the offeror to enter a contract
on
firm
and
definite
terms
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Bilateral Offer
The offeror promises something in return for the promise of something from the offeree
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Unilateral Offer Case
Carlil
v
Smoke
Ball
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Unilateral
Offer
The offeror promises something in return for the performance of an act by the offeree
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ITT
A
willingness
to
start
negotiations
and
invites
the
other
person
to
make
an
offer,
which
can
then
be
accepted
or
rejected
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Acceptance
Becomes
effective
by letter on posting
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Acceptance
must be
communicated
This exception is
unfair
to the offeror who doesn't know that their
offer
has been
accepted
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Adams v Lindsell
It
was
unfair
on the
offeror
as they
were
bound
to an
agreement
they
were
unaware
of
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