Coggle requires JavaScript to display documents.
OFFER (REVOCATION (LAPSE OF TIME (An Offer which is expressly stated to…
OFFER (REVOCATION, REVOCATION MUST BE COMMUNICATED, NEGOTIATION PROCESS, COMUNICATION OF OFFER, DEFINITION
An OFFER is an expression of willingness to
contract on certain terms with the intention
that it will become binding upon acceptance.
There must be no further negotiation or
discussion required.
In STORER V MANCHESTER there was an
agreement as to price but in GIBSON case
there was not since the council asked him to make
a formal invitation to buy and which the council
" may be prepared to sell " .Hence important terms
still needed to be determined, HI)