Contract Formation

offer need to be clear, certain and contain all the terms

Advertisments are an invitation to treat

An adversitmenet used for a unilateral offer is a valid offer

A counter offer is not a valid acceptance as it destroys the original offer.

As a general rule, a promise to accept less is not a binding promise.

There are three exceptions to the general rule that a promise to accept less is not legally binding.

What is the exception to the rule set out in Stilk v Myrik?

In order to revoke a unilateral offer the offeror must take reasonable steps to notify those who might be likley to accept.

The postal rule comes from which case?

A request for information in not an acceptance following

Past consideration is not valid consideration following

The exceptions for a promise to accept less include; a) a promise for less at an ealier time, b) a promise at a different place or c) a promise for less in a different form following

Promissary Estoppel is a shield not a sword

Promissory estoppel does not requires new consideration, therefore it is not liked by the courts

Existing contractual obligations owed to a third party may be valid consideration for a new promise following

An exception to the rule set out in Roscorla v Thomas was laid out in which case?

The second requirement for promissory estoppel requires the promisee to have relied on that promise to their detriment following

A requirement for promissary estoppel requires

Third party revocation is where an offer is revoked by someone other than the offoror following

silence is not a form of acceptance following

Parent and child agreements have no intention to create legal relations

commerial contracts where one or more of the parties is a business, there is an intention to create legal relations