offer in contract law

This note covers the following topics. Law students and legal professionals often come across instances where they struggle to recall some of the landmark cases in contract law.

Contracts Attack Outline Excellent Contract Law Offer And Acceptance Law School Life

Introduction offer and acceptance intention to create legal relations terms of the contract capacity to contract privity of contract discharge of contract mistake misrepresentation duress undue influence and unconscionability illegality and public policy judicial remedies for breach of contract.

. An acknowledgement of an offer would not amount to acceptance nor would a statement of intent. Mutual assent expressed by a valid offer and acceptance. Just as important in contract law as the offer is the legality of the acceptance.

The basic elements required for the agreement to be a legally enforceable contract are. This must be an unqualified expression of assent to the terms of an offer. Whether one is appearing for a job interview arguing before a court or preparing for judicial services knowing some of the famous contract law cases may prove very useful especially for law students.

English contract law is the body of law that regulates legally binding agreements in England and WalesWith its roots in the lex mercatoria and the activism of the judiciary during the industrial revolution it shares a heritage with countries across the Commonwealth such as Australia Canada India from membership in the European Union continuing membership in Unidroit. In some states element of consideration can be satisfied by a valid substitute. There must be a clear unequivocal communication of acceptance of the offer on the terms put.

A contract is an agreement between private parties creating mutual obligations enforceable by law.

Acceptance Is A Vital Part Of The Contract Process It Is The Unconditional Agreement To The Precise Terms And Con Offer And Acceptance Acceptance Contract Law