1. Offer and Acceptance

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4 Terms

1
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Agreement: Offer and Acceptance

For a contract to exist, there must be an agreement between the parties – this requires an offer and acceptance.

2
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Definition of Offer

An offer is a proposal (or promise) showing a willingness to contract on firm and definite terms (Gibson v MCC).

3
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Invitations to Treat + Examples

Statements which indicate willingness to negotiate, but not to make a legal offer, are invitations to treat. Examples include goods in a shop window (Fisher v Bell), goods on a shelf (Boots Cash Chemists) and advertisements (Partridge v Crittenden).

4
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Communication of Offer

An offer must be communicated to the offeree.