Nobody downloaded yet

Offer as One of the Essentials of a Valid Contract - Research Paper Example

Comments (0) Cite this document
The paper describes the essential elements of a contract. Offer is one of the essentials of a valid contract and it exists when a party makes another party a proposition that may be accepted by that other party. Stone succinctly captures the meaning of the term ‘offer’ in contract law…
Download full paperFile format: .doc, available for editing
GRAB THE BEST PAPER91.3% of users find it useful
Offer as One of the Essentials of a Valid Contract
Read TextPreview

Extract of sample "Offer as One of the Essentials of a Valid Contract"

Download file to see previous pages In the case of Pharmaceutical Society of Great Britain v. Boots Cash Chemists, the court considered the question whether the price of the goods displayed in a chemist amounted to an offer made to the buyer upon which he accepts when he picks the goods from the shelves and put them in a shopping basket. The court held that if that was the case, a customer who picks the goods from the shelves cannot be able to return them. Instead, the goods on the shelves were merely an invitation to treat, and the sale agreement was complete upon the cashier accepting payment for the goods. The same rule applies in regard to advertisements, which are generally interpreted by the courts to be merely invitations to treat. In the case of Partridge v. Crittenden, the defendant had placed advertisements on the classified section of magazines advertising the sale of bramble finches, whose sale had been prohibited by Section 6 of the Protection of Birds Act. He was found guilty under the Act and so he appealed the decision of the trial court. The Appellate court, in quashing the appellant’s sentence, held that the advertisements were merely invitations to treat as opposed to an offer. This view was upheld by the court in Fisher v. Bell where the court held that the display of a flick knife in the display of a shop was merely an advertisement of the good, and thus an invitation to treat. From the foregoing, the brochure obtained by peter containing the car’s description and the price was merely a form of advertisement for the car. ...Download file to see next pagesRead More
Cite this document
  • APA
  • MLA
(“Essay on Contracts Example | Topics and Well Written Essays - 1000 words”, n.d.)
Essay on Contracts Example | Topics and Well Written Essays - 1000 words. Retrieved from
(Essay on Contracts Example | Topics and Well Written Essays - 1000 Words)
Essay on Contracts Example | Topics and Well Written Essays - 1000 Words.
“Essay on Contracts Example | Topics and Well Written Essays - 1000 Words”, n.d.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document

CHECK THESE SAMPLES OF Offer as One of the Essentials of a Valid Contract

Valid Contracs

...? Assignment By Due Answer The essentials of a valid contract include offer as the first and most important constituent. An offer is a clear statement of the terms on which one party (the offeror) is prepared to do business with another party (the offeree). In the given case, on Monday, Eddie asked Adele for a quote on the price of wild boar piglets. This is not an offer but a mere inquiry. Simple queries for information do not amount to offers. Adele replied that the piglets would cost ?13,350 including delivery charges. Eddie said that the price was acceptable. This means that Eddie did not accept the...
6 Pages(1500 words)Essay

Offer and acceptance in english contract law

...? OFFER AND ACCEPTANCE IN ENGLISH CONTRACT LAW 18 March OFFER AND ACCEPTANCE IN ENGLISH CONTRACT LAW Introduction Contracts are agreements, between parties, that are enforceable in a court of law. A number of factors determine enforceability of agreements that qualifies a contractual agreement as valid, void, or voidable. Offer and acceptance, as components of an agreement, are some of the elements of a valid contract. A contract is therefore valid if, among other essential elements, all the rules that pertain to offer...
10 Pages(2500 words)Essay

Finance - Valid Contract

...? VALID CONTRACTS A contract is a written or oral agreement between two or more parties, each party with his/her obligation that is legally binding. Contracts are different from agreements from the fact that all agreements need not to be legally binding while all contracts must be agreements that are recognized by law. A contact therefore gives partiers a legal remedy in case one party fails or breaches the terms of agreement (McKendrick, 2007). Different types of contract include express contracts, implied contracts, executed contracts, enforceable...
3 Pages(750 words)Assignment


...? Accounting Principles Unit Introduction Accounting- the language of business is the most significant and essential topic of study since the inception of time. It has gained huge importance and admiration in the recent years due to its significance on the businesses. This mode of study has not only served the businesses to expand and develop but also has given new horizon, scope and perspective. Playing with facts and figures is the key to success in this modern era and accounting provides this base. The impact of accounting has been massive as it is the backbone of any business activity. Accounts and financial management is the name of the game these days. Accountants professionally are highly paid individuals and have...
2 Pages(500 words)Research Paper

The valid contract

...Advise Gina on the attached contract law problem question Can Gina claim the 15,000 promised by her Aunt Irene. In a valid contract, the promise made by one must be accepted by another and it must be legally binding to both parties. A promise is an offer made by one to do or not to do something to another. When the offer made by the former (promissor) is accepted by the latter (acceptor), it becomes a contract. The acceptance is made for the fulfilment of the promise made by the promissor for a lawful consideration to be paid by the acceptor. But, that does not mean that both parties will do their part....
6 Pages(1500 words)Case Study

Contract Law on Offer and Acceptance

...Contract Law on Offer and Acceptance The case presented here involves validity of offer and acceptance by the parties involved. Brenda only made an invitation to treat by posting an advertisement on her website. Hence hers was not a valid offer capable of being accepted. Andrew's reply to the advertisement of Brenda in effect was an offer to be accepted by Brenda. Brenda's blunder in offering at an unimaginable price of 50 instead of 500 could be successfully avoided because hers happended to be an invitation to treat. Andrew's belated acceptance of Brenda's discounted offer as a...
10 Pages(2500 words)Case Study

Four Elements of a Valid Business Contract

... ASPECTS OF CONTRACT AND NEGLIGENCE FOR BUSINESS Four Elements of a Valid Contract A contract is termed as the bidding agreement between two parties in a deal. There are four essential elements that are must to have in a contract. The elements are - offer, acceptance, consideration and intention (Bagshaw & McBride, 2008). All these four elements are essential for a valid contract and the importance of these four elements is explained below: Offer: This is the initial stage of contract formation or bidding, which forms the base of the actual contract. Through this the service provider offers a service to the bidder. Without this initial step no contract can be formulated. Acceptance: This is the second step of formulating... a...
7 Pages(1750 words)Assignment

The Formation of a Valid Business Contract

... Aspects of Contract and Negligence for Business The formation of a valid contract is supported by some essential elements. The factors are imperative because they are the facts that individuals observe when forming a valid contract. The definition of a contract is an understanding that is concluded by two or more parties agreeing on a particular issue and hence creating a binding obligation on all the parties. The legality of the contract is enforced by several conditions. The conditions include an offer, an acceptance and consideration. The conditions are what support the formation of a valid contract (Stevens 2004). The offer The most essential element of the contract is an offer... . It is...
8 Pages(2000 words)Essay

Components of a Valid Contract

.... Certain kinds of contracts require documentation. These contracts have to acquire signatories from the involved parties under the rule of law to be abiding. Contracts are falling under this category abide by statue of frauds and vary from one place to another within varied jurisdiction. Offer and Acceptance A promise or offer needs to be in a contract to render its validity. Offer is, usually, the first element in a contract to ensure that the contract is legally valid to be acceptable. There is a distinct difference in the offer to be an option or an advertisement. Making of an offer requires the availability of two or more parties, and these parties should be ready to agree to a mutual consent in agreement. The constituents... ...
4 Pages(1000 words)Research Paper

Gospel Essentials

...Gospel Essentials Introduction If one takes a close look at the modern society, one can not help noticing that the notion of religion was able to affect many people in the world. That is why it may be particularly beneficial to study a particular spiritual tradition in order to gain a better understanding of the way in which those who belong to it perceive the reality. This paper will outline the Christian worldview, provide an objective analysis of it and a personal reflection. The Christian Worldview God It would not be a mistake to suggest that the idea of God is the central one is Christianity as it is a monotheistic religion. In the previous epochs He was thought to...
5 Pages(1250 words)Essay
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.

Let us find you another Research Paper on topic Offer as One of the Essentials of a Valid Contract for FREE!

Contact Us