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Contracts Law 1 Lecture 3: Elements of Contract

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Contracts Law 1 Lecture 3: Elements of Contract

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Questions and Answers

What is the essential element of an offer?

It is an invitation to treat

It is made to a particular person

It is made to a group of persons

It is a proposition with an intimation of willingness to enter into a contract (correct)

Who is the offeree in a contract?

A third party who benefits from the contract

The person who accepts the offer (correct)

A witness to the contract

The person who makes the offer

What is the significance of the Carlill v Carbolic Smoke Ball Co case?

It established that an advertisement can be a valid offer

It established that an advertisement can be an invitation to treat

It established that a person can make an offer to the world at large

It established that a person can accept an offer without communicating with the offeror (correct)

What is the difference between an offer and an invitation to treat?

An offer is a serious intention to enter into a contract, while an invitation to treat is an invitation to negotiate Signup and view all the answers

What is the characteristic of an offer made to the world at large?

It is a public offer that can be accepted by anyone Signup and view all the answers

What was the outcome of the Carlill v Carbolic Smoke Ball Co case?

The court ruled that CSBC had waived the requirement of communication of acceptance Signup and view all the answers

What is the significance of the Carlill v Carbolic Smoke Ball Co case in relation to the requirement of communication of acceptance?

It established that communication of acceptance can be waived by the offeror Signup and view all the answers

What is the primary intention of the offeror when making an offer?

To create a contractual relationship Signup and view all the answers

In what type of situation is an offer made to a particular person or a group of persons?

A one-on-one negotiation Signup and view all the answers

What is a key difference between an offer and an invitation to treat?

The intention to create a contract Signup and view all the answers

In the Carlill v Carbolic Smoke Ball Co case, what was the outcome for Mrs. C?

She was awarded 500 pounds Signup and view all the answers

What is a characteristic of an offer made to the world at large?

It does not require communication of acceptance Signup and view all the answers

What is the effect of the offeror waiving the requirement of communication of acceptance?

The offeree's acceptance is implied Signup and view all the answers

What is the significance of the Carlill v Carbolic Smoke Ball Co case in relation to contractual formation?

It showed that offers can be made to the world at large Signup and view all the answers