• Background: You can make an offer (a statement capable of being converted into an agreement by acceptance which must be a definite promise to be bound, provided that certain specified terms are accepted) about anything, anywhere, to anyone, and it may not always be a legally binding contract. There are several other things you need for a legally valid binding contract i.e. one which could be upheld in a ct. Among these are: acceptance, consideration, formal requirements and intention to create legal relations.