termination of an offer

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Law

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14 Terms

1
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What is a counter-offer?

A response to an offer that modifies the terms of the original offer.

2
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What case established the principle of counter-offers?

Hyde v Wrench (1840) 3 Beav 334.

3
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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.

4
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Which case illustrates a request for information?

Stevenson, Jacques & Co. v McLean (1880) 5 QBD 346.

5
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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.

6
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Which case outlines the lapse of time in offers?

Ramsgate Hotel Co. Ltd v Montefiore (1866) LR 1 Ex 109.

7
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What is revocation in the context of an offer?

The withdrawal of an offer by the offeror before it has been accepted.

8
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What is the battle of the forms?

A situation where different parties use their own standard terms in contracting, leading to conflicting terms.

9
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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).

10
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What is required for revocation of an offer to be effective?

Revocation must be communicated to the offeree before acceptance.

11
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What is the distinction in revocation between unilateral and bilateral offers?

The rules for revocation differ based on the type of offer.

12
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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).

13
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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.

14
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What additional ways can an offer be terminated?

Non-occurrence of a condition or the offeror making a new offer.