Podcast
Questions and Answers
What should parties do when they vary in contract terms?
What should parties do when they vary in contract terms?
- Expressly state that other terms remain unaffected (correct)
- Wait for the other party to bring it up
- Assume the other party will accept the changes
- Imply the changes and hope the other party understands
What can create a legally binding contract, depending on the language used?
What can create a legally binding contract, depending on the language used?
- Written proposals
- Handshake deals
- Email correspondence (correct)
- Verbal agreements
What happens when an offer is accepted?
What happens when an offer is accepted?
- A legally binding contract is formed (correct)
- The parties can still change their minds
- The offer is revoked
- The parties are only morally obligated
What can the offeror do if they stipulated that the offer would be open for a certain time?
What can the offeror do if they stipulated that the offer would be open for a certain time?
What is the status of an offer before it is accepted?
What is the status of an offer before it is accepted?
How is an offer determined?
How is an offer determined?
What is a bilateral contract, according to the given advertisement?
What is a bilateral contract, according to the given advertisement?
In the Ferrari example, what would be the crucial factor in determining the car being referred to?
In the Ferrari example, what would be the crucial factor in determining the car being referred to?
What would happen if the person's intention was different from the reasonable interpretation of their words and deeds?
What would happen if the person's intention was different from the reasonable interpretation of their words and deeds?
What is the principle underlying the Partridge vs Crittenden case?
What is the principle underlying the Partridge vs Crittenden case?
What was the key difference between the Store case and the Gibson case?
What was the key difference between the Store case and the Gibson case?
What is a statement of intention, according to the text?
What is a statement of intention, according to the text?
In the case of Harris versus Nickerson, what was the auctioneer's advertisement?
In the case of Harris versus Nickerson, what was the auctioneer's advertisement?
Which of the following is NOT a characteristic of an offer?
Which of the following is NOT a characteristic of an offer?
In the Gibson case, why did the House of Lords hold that a contract had not been concluded?
In the Gibson case, why did the House of Lords hold that a contract had not been concluded?
What is the primary difference between a statement of intention and an offer?
What is the primary difference between a statement of intention and an offer?
What is the purpose of an invitation to treat?
What is the purpose of an invitation to treat?
What is necessary for an offer to be effective?
What is necessary for an offer to be effective?
What is the outcome when an auctioneer's hammer falls?
What is the outcome when an auctioneer's hammer falls?
What is a key characteristic that distinguishes an offer from other steps in the negotiation process?
What is a key characteristic that distinguishes an offer from other steps in the negotiation process?
What determines the existence of a binding contract between parties?
What determines the existence of a binding contract between parties?
What was the outcome of the Centrovincial Estates v Merchant Investors Assurance Co case?
What was the outcome of the Centrovincial Estates v Merchant Investors Assurance Co case?
Why did the defendants accept the claimants' mistaken offer in the Centrovincial Estates case?
Why did the defendants accept the claimants' mistaken offer in the Centrovincial Estates case?
What is the minimum requirement for an offer to be effective?
What is the minimum requirement for an offer to be effective?
What is the key factor in determining whether a contract has been formed?
What is the key factor in determining whether a contract has been formed?
What is the consequence of making an acceptance in ignorance of the offer?
What is the consequence of making an acceptance in ignorance of the offer?
What did the claimants argue in the Centrovincial Estates case?
What did the claimants argue in the Centrovincial Estates case?
What is the result of cross-offers?
What is the result of cross-offers?
What is the condition for an acceptance to be valid?
What is the condition for an acceptance to be valid?
What is the view expressed in the Australian case of Rour v Clark?
What is the view expressed in the Australian case of Rour v Clark?
What is the primary distinction between a unilateral contract and a bilateral contract?
What is the primary distinction between a unilateral contract and a bilateral contract?
In what scenario would an acceptance using a different method be considered valid?
In what scenario would an acceptance using a different method be considered valid?
What is the key feature of a unilateral contract that distinguishes it from other types of contracts?
What is the key feature of a unilateral contract that distinguishes it from other types of contracts?
What can be implied from the way an offer is made?
What can be implied from the way an offer is made?
What is the significance of the Carbolic Smoke Ball Company example?
What is the significance of the Carbolic Smoke Ball Company example?
What is unique about the offer in a unilateral contract?
What is unique about the offer in a unilateral contract?
What is the primary concern in determining the validity of an acceptance?
What is the primary concern in determining the validity of an acceptance?
What is the significance of the Quenerduaine v Cole case?
What is the significance of the Quenerduaine v Cole case?
What is the key distinction between a unilateral contract and other types of contracts?
What is the key distinction between a unilateral contract and other types of contracts?
What is the primary concern in determining the validity of an offer?
What is the primary concern in determining the validity of an offer?
