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Offerer & Acceptance (Law)
Offer and acceptance is one the main 7 essentials to create a legally binding contract since a
contract is based on agreement. It is also an essential for a court to arbitrate problems. An offer is
a manifestation (orally, in writing, or by conduct) of willingness to enter into bargain, which
justifies another person's understanding of assent to that bargain is invited and will conclude the
transaction. An Offeror is the party who makes the offer. An offeree is the party who receives the
offer and is asked to accept it and thus form a contract. An offer can be either bilateral (made to a
specific person(s)) or unilateral form (made to the whole world). (Frey & Frey, 2001)
An invitation to treat or invitation to chaffer is where a person...show more content...
As Anjali refers to the offer made on the notice board –the notice on the staff notice board said that
the car would be sold to the first staff member who pays the money as she did not come with the
money it might make the acceptance invalid.
In Kavitha's case she conveyed her acceptance clearly in verbal form while she arrived with a
cheque which she handed over to Manuja therefore as she has accepted the offer validly and an
agreement exists thus Kavitha can sue Manjula for Breach of contract.
The offerors act of withdrawing an offer is referred to as revocation. Unless an offer is irrevocable,
the offeror can revoke the offer even if he or she has promised to keep the offer open (Miller &
Jentz, 2010). Revocation of offers should be made the same way offers were made as established in
the case of Shuey v US. Manjula's revocation of the offer fails because an offer cannot be reversed
once it has been accepted i.e. in a case like Payne v Cave the highest bidder could withdraw his
bid before the hammer was brought down (before acceptance) but in the case of Bryne v Van
Tienhoven the acceptor could not revoke his offer because he already accepted it. Thus Kavitha
will be able to successfully sue for breach of
Get more content on HelpWriting.net

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Offerer &Amp; Acceptance (Law)

  • 1. Offerer & Acceptance (Law) Offer and acceptance is one the main 7 essentials to create a legally binding contract since a contract is based on agreement. It is also an essential for a court to arbitrate problems. An offer is a manifestation (orally, in writing, or by conduct) of willingness to enter into bargain, which justifies another person's understanding of assent to that bargain is invited and will conclude the transaction. An Offeror is the party who makes the offer. An offeree is the party who receives the offer and is asked to accept it and thus form a contract. An offer can be either bilateral (made to a specific person(s)) or unilateral form (made to the whole world). (Frey & Frey, 2001) An invitation to treat or invitation to chaffer is where a person...show more content... As Anjali refers to the offer made on the notice board –the notice on the staff notice board said that the car would be sold to the first staff member who pays the money as she did not come with the money it might make the acceptance invalid. In Kavitha's case she conveyed her acceptance clearly in verbal form while she arrived with a cheque which she handed over to Manuja therefore as she has accepted the offer validly and an agreement exists thus Kavitha can sue Manjula for Breach of contract. The offerors act of withdrawing an offer is referred to as revocation. Unless an offer is irrevocable, the offeror can revoke the offer even if he or she has promised to keep the offer open (Miller & Jentz, 2010). Revocation of offers should be made the same way offers were made as established in the case of Shuey v US. Manjula's revocation of the offer fails because an offer cannot be reversed once it has been accepted i.e. in a case like Payne v Cave the highest bidder could withdraw his bid before the hammer was brought down (before acceptance) but in the case of Bryne v Van Tienhoven the acceptor could not revoke his offer because he already accepted it. Thus Kavitha will be able to successfully sue for breach of Get more content on HelpWriting.net