Contract Law

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12 Terms

1
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How could Blue v Ashley [2017] be summarised?

Ashley joked about rewarding Blue with millions if share price increased - Blue took this seriously + sued, however court found there was no contract as that was not the intention behind the occasion

2
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What is Blue v Ashley precedent for?

A case without an offer

3
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What is an offer?

A clear expression of a willingness to be bound to specified terms

4
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How could Carlill v Carbolic Smoke Ball Company [1893] be summarised?

CSBC advertised a smoke ball + claimed it would prevent the flu - gave set instructions for use and to demonstrate “sincerity” they placed £1,000 in a bank which Carlill claimed her £100 from

5
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What is Carlill v Carbolic Smoke Ball Company [1893] precedent for?

Cases where intention to be bound and clear terms are present

6
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What is Harvey v Facey [1893] precedent for?

Cases where information is requested (no offer)

7
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What is an invitation to treat?

A statement that shows a willingness to receive offers (not an offer)

8
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What do invitations to treat lack?

Legal status

9
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What does the law presume about advertisements?

That they are often invitations to treat as it could be commercially unworkable if large numbers of people accept 

10
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What is a presumption?

default position in law - based upon other cases + is applied similarly

11
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What are the responses to an offer?

12
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What is a contract?

An offer with a properly communicated acceptance