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Offer and Acceptance (2)

Offer and Acceptance (2)

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Published by dpsingh86

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Categories:Types, School Work
Published by: dpsingh86 on Nov 17, 2009
Copyright:Attribution Non-commercial

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07/21/2012

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OFFER ANDACCEPTANCE
 
Legal Rules as to Offer
1. Offer must be such as inlaw is capable of beingaccepted and giving rise tolegal relationship.
 
 
A social invitation, even if itis accepted, does not createlegal relations because it isnot so intended. An offer,therefore, must be such aswould result in a validcontract when it is accepted.
 
 
2. Terms of offer must bedefinite, unambigous andcertain and not loose andvague. if the terms of anoffer are vague or indefinite, its acceptancecannot create anycontractual relationship.

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