CHECK THESE SAMPLES OF Offer and Acceptance: Creating Legal Relations
In England and Wales, Lord Denning interpreted promissory estoppels to be a promise that had been made by one party to another with the intention of creating legal relations2.... By failing to pay the monthly installments as agreed with the bank, this signifies Bubba's acceptance of the bank's offer and hence signifying existence of an agreement.... Consideration and intention to create legal relation Name of Customer: Course and code: Name of Instructor: Name of Institution: Consideration and Intention to create legal Relation First issue Bubba v Greenwich Bank In advising Bubba on his legal position, we need to consider a number of issues....
8 Pages
(2000 words)
Essay
This includes offer and acceptance, an intention to create legal relations; and finally consideration.... t is important at the outset to distinguish between and offer and a mere invitation to treat.... econdly,does the delay of John cause him in law to have accepted the contract offer of the lower amount of 150
... econdly,does the delay of John cause him in law to have accepted the contract offer of the lower amount of 150In order to give effective analysis to this question it is important to look at relevant Irish case law on this issue in order to determine whether or not such actions constitute a binding contract enforceable in law....
8 Pages
(2000 words)
Case Study
This essay considers a reflection of commercial parties' intention by the doctrine of offer and acceptance.... It focuses on critical evaluation of the doctrine of offer and acceptance and the extent it reflects the intention of contracting parties, particularly in commercial contracts.... However, a central issue of contention in contractual litigation is the degree to which the rigid legal concepts of offer and acceptance can be reconciled with the implied notion that contracts reflect the actual intention of the contractual parties, particularly in commercial contracts and contemporary contracting methods1....
11 Pages
(2750 words)
Essay
legal contract, on the other hand, is an official agreement (Tepper, 2012).... After presenting a contract offer, acceptance is a crucial validation element (Liuzzo, 2010).... acceptance should only prevail when the offer is clear and within the bounds of the law.... acceptance either can be in the form of writing if it is within the statue of fraud or verbally accepted.... t is worth noting that counter offer has no classification as a form an acceptance....
4 Pages
(1000 words)
Research Paper
This includes offer and acceptance, an intention to create legal relations; and final consideration.... It is important at the outset to distinguish between an offer and a mere invitation to treat.... An offer is when the seller sets out in certain terms what they propose to sell to the potential buyer.... However, an invitation to treat is not a formal offer, but rather an indication of intent to enter negotiations.... Therefore it is important to ascertain the exact intent of any representation as to whether it is a formal offer or simply a declaration of intent....
10 Pages
(2500 words)
Case Study
Bert later noticed the sign and, recognizing what a bargain it was, immediately indicated to Alvin that he accepted the offer and would take the car for the indicated amount.... This paper "The legal Environment of Business" discusses the law in relation to the creation of a contract.... Bash Cars plc responded to Al's letter stating that they accepted his offer but that they would only pay £45 per filter....
8 Pages
(2000 words)
Assignment
(Haben), a manufacturer of fashionable clothing for women, seeks guidance as MegaStore Plc (MegaStore), a retail grocery and general clothes store, is threatening to report Habien to the Competition authorities and/or institute legal action against it for its refusal to allow access to its fashionable clothing line for the distribution and/or sale of MegaStore at its retail store for being a 'price-cutter'.... After a fortnight, Habien received a letter from MegaStore demanding access to the clothing line otherwise it will take the matter up with the competition authorities and/or bring legal proceedings....
8 Pages
(2000 words)
Case Study
From the paper "The Concept of Acceptance Law" it is clear that case there are no implications unless Jane can prove that Bulging muscle Ltd had the intentions to create legal relations.... n this case, Mr Gibson claimed that the letter sent to him by the city council with the purchase price on it was an offer and his letter to the city council on the 18th March was an acceptance to the offer of the house.... This meant that this was an invitation to treat, inviting the tenant to make an application to the offer and simply not an offer (Fried, 1981)....
6 Pages
(1500 words)
Coursework