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Offer - Coggle Diagram
Offer
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Duration
Revocation (offer withdrawn before acceptance)
- Can be done via a third party
- Must be communicated to the offeree
- Unilateral offer must be revoked by the same method as the original offer
- Not when acceptance is ongoing
Dickinson v Dodds
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Counter offer
- Counter offer extinguishes the original offer
- A request for further information is not a counter offer
Death
- Death ends an offer unless it can be performed by another person and the offeree is unaware of the offerers death
Lapse of time
- If the time at which an offer ends is not specified, it will end after reasonable time
Definition
A statement by one party of a willingness to enter into a contract on stated terms if they are accepted by the party or parties whom they are addressed
- Oral
- Written
- Conduct (as long as is objective evidence of intention to offer
- Bilateral (made to a specific individual)
- Unilateral (made to the world in general)
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