Preview

Offer and Acceptance

Good Essays
Open Document
Open Document
1116 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Offer and Acceptance
Student Name: Ahmed Fazeel

Question 1 (15 marks)
For this case the major issue is whether a valid contract is made between Tina and Yatie, and whether the the offer by Yatie was revoked or not.
According to (Miller & Jentz, 2010) every contract will involve atleast two parties. That is the offeror and the offeree. The offerer is the party who makes the offer, and the offeree is the person to whom the offer is made to.
OFFER
As per (Clarkson, Miller, Jentz, & Cross, 2009) an offer is a promise or commitment to do or not to do a certain thing. And there are three elements for an effective offer to be legally bounding from the common law. They are: the intention must be serious, its terms should be definite, and must be communicated to the oferee. In this case Yatie sends the offer letter proposing to supply hancrafts to Tina. The offer clearly satisfies these elements.
Firstly it is evident that Yatie’s serious intention as she requested a written acceptance from Tina, as an objective aproach. If we look in to the case of Lucy v. Zehmer, 196 Va. 493; 84 S.E.2d 516 [1954], the parties signed a document which was for the sale of land and it was binding. Similarly in this case the intention to create legal relations is evident from the Yaties request to Tina to send a written acceptance.
Secondly it has clear terms (to supply handcrafts) of what they are going to do. The offer from Yatie was clear in this case, and unlike in the case of Ahmad Meah & Anor v. Nacodah Merican [1890] 4 Ky 583 where offer was too vague.
And for the last element, the communication of the offer was complete when it was received by Tina (the intended party) on 4th September 2011 and when it becomed knowledge to Tina, in line with the section 4(1) of the Contracts Act 1950: Act 136 (CA) So the offer by Yatie was complete.
ACCEPTANCE
Looking into the acceptance, Tina’s acceptance was communicated by her staff Anis. Acceptance is the voluntary agreement to the terms

You May Also Find These Documents Helpful

  • Better Essays

    BTT and Chou must exhibit mutual assent to determine when a contract was reached. The contract is determined to be valid if shown that an offer was made (by BTT), and there was acceptance by Chou. Initially, BTT and Chou entered a 90-day agreement for exclusive negotiation rights to Strat in exchange for $25,000. Once payment is accepted, Chou’s right to solicit distribution from an outside party is restricted. This shows mutual assent as the promisee, Chou, gave up a legal right and the promisor, BTT, made its promised based on a mutual exchange.…

    • 937 Words
    • 4 Pages
    Better Essays
  • Good Essays

    Contracts Practice Exam

    • 1173 Words
    • 5 Pages

    An offer is an outward manifestation of intent to be bound by contractual agreement requiring definite and certain terms that are communicated to the offeree.…

    • 1173 Words
    • 5 Pages
    Good Essays
  • Good Essays

    An offer is defined as the manifestation of the “willingness to enter into a bargain so made as to justify another person in understanding that his assent to the bargain is invited and will conclude it.” There must be a definite, clearly stated offer to do something. An offer does not include ball park estimates, requests for proposals, expressions of interest, or letters of intent. An offer will lapse when the time for acceptance expires, if the offer is withdrawn before it is accepted, or after a reasonable time in the circumstances (generally the greater the value of the contract, the longer the life of the offer).…

    • 639 Words
    • 3 Pages
    Good Essays
  • Good Essays

    Gloria Smithson

    • 536 Words
    • 2 Pages

    A valid offer must clearly specify any term and circumstances that are pertinent to making an agreement. The offer must only provide the recipient with a clear opportunity to accept or reject the contract. No contract can come into existence if the terms of the offer are unclear or loose and indefinite.…

    • 536 Words
    • 2 Pages
    Good Essays
  • Satisfactory Essays

    Common Law Assignment

    • 761 Words
    • 3 Pages

    It’s important in deciding if valid acceptance has occurred to acknowledge that acceptance must be clear, absolute and identical to the terms4 in this case Ian in not having full knowledge of the terms has accepted without full knowledge of the offer. He did not communicate acceptance to the offeror Jessie5. Ian in his actions of the visit to Jessie’s house to look at the car and his daughter taking full possession of the car cannot be seen as valid acceptance as Ian acted in ignorance of the offer6…

    • 761 Words
    • 3 Pages
    Satisfactory Essays
  • Better Essays

    This is a provision of information for information regarding price of the corn grains if KK intended to sell. Also, KK’s response had no intention to get into an agreement upon providing the information hence statement is not an offer: Harvey V Facey - Therefore, when Homer mentioned “sounds like a…

    • 1467 Words
    • 6 Pages
    Better Essays
  • Better Essays

    Contracts Study Guide

    • 10717 Words
    • 26 Pages

    Lucy v. Zehmer joke and intoxication was not enough to get Zehmer out of a contract that Lucy took seriously. Offer Acceptance Offer creates a power of acceptance in the offeree so that she can bring the contract into existence. A counter offer will terminate/reject the original offer and create a new offer RS24 An offer is a manifestation of willingness to enter into a bargain, so made as to justify another person in understanding that his assent to that bargain is invited and will conclude it. Offer must convey a reasonable understanding that the offeror intends a contract and not merely a proposal to contract RS 40 face to face conversation when an offer is made the acceptances must occur before the close of the conversation and no contract is made unless there is an indication that the offer is intended to continue beyond the immediate circumstances When an offer terminates RS36 Silence/inaction cannot constitute acceptance Cannot reject and then accept that would be a counteroffer of sorts A counteroffer terminates an offer Offerors death or mental disability before acceptance terminates offer Offeror can revoke at any time before acceptance, unless there is an option to keep the offer open (notice required) Indirect revocation if the offeree finds out from 3rd party that the offer has been revoked (Dickenson v. Dodds after Dickenson found out Dodds sold the offered property to another he communicated his acceptance but was too late) RSC 42 Power of acceptance is terminated when offeree receives manifestation of intention not to enter into proposed contract RS 43…

    • 10717 Words
    • 26 Pages
    Better Essays
  • Satisfactory Essays

    Applying Angie's Case

    • 900 Words
    • 4 Pages

    In the scenario, the offer is made by james. The terms stated by james to angie express a willingness to be bound and enter a contract as the language is definitive and inviting angie to respond to the offer when James offers to help angie if she reduces the price on the painting. R v Clarke . Angie, in turn has…

    • 900 Words
    • 4 Pages
    Satisfactory Essays
  • Good Essays

    1 /6 /1i3 so n v M a n ch e ste r Ci ty Co u n ci l - Wi ki p e d i a , th e fre e e n cycl o p e d i a…

    • 1398 Words
    • 6 Pages
    Good Essays
  • Satisfactory Essays

    Chapter 11

    • 851 Words
    • 4 Pages

    The party that receives the offer is known as the offeree. If the offeree accepts the offer, the two parties are considered to be in agreement.…

    • 851 Words
    • 4 Pages
    Satisfactory Essays
  • Good Essays

    Offer and Acceptance

    • 677 Words
    • 3 Pages

    * If it is an offer then it will be bound by K if anyone accept the offer. Otherwise, it will be breach of K…

    • 677 Words
    • 3 Pages
    Good Essays
  • Good Essays

    The elements required to form an enforceable contract have been satisfied. There is an intention to create legal relations, an offer, acceptance, sufficient consideration, and certainty of the terms of the contract. Susan is in breach of the option contract, so she cannot revoke her original offer to Terry. Terry can therefore sue her for breaching the option contract, but he cannot sue her for breaching the main contract. Terry received Susan’s letter of revocation after his letter of acceptance was already posted. Thus, applying the postal acceptance rule, she cannot sell the gold to Renzo…

    • 978 Words
    • 4 Pages
    Good Essays
  • Good Essays

    The legal issue in this problem is whether the acceptance of the offer by Shum is made before communication of the revocation by Tam.…

    • 878 Words
    • 4 Pages
    Good Essays
  • Good Essays

    Law Assignment

    • 1007 Words
    • 5 Pages

    The problem is related with the communication and time of acceptance and its revocation. As per Section 4 of…

    • 1007 Words
    • 5 Pages
    Good Essays
  • Good Essays

    Law Notes

    • 1412 Words
    • 6 Pages

    Agreement: is an offer made by one person and an acceptance of that offer by a person…

    • 1412 Words
    • 6 Pages
    Good Essays