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Contract formation
Offer and Acceptance
Evaluation of Offer + Acceptance
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Cards (8)
Hyde
v
Wrench
P:
Counter
offers end original offers
KT:
Certainty
,
clarity
CA:
Rigidity,
limits
freedom of contract
C:
Certain
but
rigid.
Ramsgate Hotel
v
Montefiore
P: Offers expire after a reasonable period of
time
KT:
Flexibility
CA:
Uncertainty,
limits
freedom of contract
C:
Flexible
but
uncertain
Dickenson
v
Dodds
P: Revocation can be communicated via
reliable third party
KT:
Flexibility
CA:
Uncertainty
C:
Flexible
but
uncertain
Adams
v
Lindsell
P: Acceptance communicated when
posted
KT:
Certainty
, offeree not blame if letter lost
CA:
Uncertainty,
against offeror’s
freedom of contract
C:
Certain
but
uncertain
Gibson
v
MCC
P: buyer is treated as the
offeror
KT:
flexibility
CA:
confusing
for lay consumers
C:
flexible
but limits buyer’s
freedom of contract
Carlill
v
Carbolic Smoke
P:
unilateral
contracts are not
forced
on anyone
KT:
freedom of contract
, stops
false promises
CA: difficult to
end
,
uncertainty
C: protects
freedom of contract
but
uncertain
Holwell
Securities v
Hughes
P:
Postal
rule can be
overruled
if notice in
writing
KT:
certainty
, offeree not
blamed
if letter lost
CA:
uncertainty
, against offeror’s
freedom of contract
C:
certain
but
uncertain
Harvey
v
Facey
P: An exchange of info is not an
offer
KT:
certainty
,
freedom of contract
CA:
confusing
for
lay people
C:
certain
but
confusing