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What is a counter-offer?
A response to an offer that modifies the terms of the original offer.
What case established the principle of counter-offers?
Hyde v Wrench (1840) 3 Beav 334.
What is the difference between a request for information and a counter-offer?
A request for information does not terminate an offer, while a counter-offer does.
Which case illustrates a request for information?
Stevenson, Jacques & Co. v McLean (1880) 5 QBD 346.
What happens to an offer if it is not accepted within a specified time?
It will cease to exist if not accepted within that time or lapse within a reasonable time.
Which case outlines the lapse of time in offers?
Ramsgate Hotel Co. Ltd v Montefiore (1866) LR 1 Ex 109.
What is revocation in the context of an offer?
The withdrawal of an offer by the offeror before it has been accepted.
What is the battle of the forms?
A situation where different parties use their own standard terms in contracting, leading to conflicting terms.
Which case is associated with the battle of the forms?
Butler Machine Tool Co. Ltd. v Ex-Cell-O Corporation (England) Ltd. [1979] 1 WLR 401 (CA).
What is required for revocation of an offer to be effective?
Revocation must be communicated to the offeree before acceptance.
What is the distinction in revocation between unilateral and bilateral offers?
The rules for revocation differ based on the type of offer.
In which case was it established that revocation must be given the same notoriety as the offer?
Shuey v United States 23 L Ed 697 (1875), 92 US 73 (US Supreme Court).
According to which case can the death of an offeror terminate an offer?
The death of an offeror can terminate offers for personal services and other contracts.
What additional ways can an offer be terminated?
Non-occurrence of a condition or the offeror making a new offer.
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