Contract Law

Four basic ingredients of a contract

Offer

Acceptance

Consideration

Intention to create legal relations

Offer

An expression of willingness to enter a contract on certain terms. If accepted, an offer can become a contract

Case for offer

Biggs v Boyd Gibbons

Announcement “For a quick sale, I will accept 26,000”. This was an offer which could be accepted to form a contract

Invitation To Treat

Preparatory to an offer

Indication of willingness to negotiate. It may encourage others to make offers. An ITT is NOT an offer and therefore CANNOT be accepted

Forms of Invitation to Treat

Goods in a shop window or on a shelf

Advertisements and brochures

A request for information

Auctions

Case for goods in a shop window/shelf (ITT)

Fisher v Bell

Case for advertisements and brochures (ITT)

Partridge v Crittenden (1968)

Case for request for information (ITT)

Harvey v Facey (1893)

Case for Auctions (ITT)

British Car Auctions v Wright (1972)