Formation of a Simple Contract
Offer + Acceptance = Agreement
Rules governing:
Rules governing:
1. Must be
communicated
1. Must relate to the
offer
2. May be made to
the world
3. May be revoked at
any time
2. Mental acceptance
(without overt action)
is insufficient
3. Must be unqualified
4. Distinguished from
binding options
and from
invitations to treat
4. Method must
conform with offer
5. If offer is silent as to
method, that chosen
is to be appropriate
6. If mailed, effective
from time of posting
7. Communication by
agent to be authorised
Other possible
responses
8. Communication may
be dispensed with
Revocation Rejection Lapse = No Agreement
Rules governing:
Rules governing:
Rules governing:
1. May occur
any time
before
acceptance
2. If mailed, not
effective until
received
1. May be
express
2. Will be
implied from
counter-offer,
but not from
request for
information
1. On notice of
death of
offeror
2. If not
accepted
within
prescribed or
reasonable
time
3. If conditions
not fulfilled
Agreement + Intention + Consideration = Contract
Docsity.com
