General principles of contact Essay Example | Topics and Well Written Essays - 1750 words

world(a) principles of contact - Essay ExampleThere is also an objective and subjective component. The objective test relies on whether or not an independent observer, appraised of the background facts known to the parties, would consider there to have been an transcription, and if so what agreement.2 It is beneficial to reduce an agreement expressly, or in written straining, where there forget be microscopical doubt to its existence and content or terms.3 Where there are doubts, however, the law uses a two-fold process of say and acceptation.4 Firstly, an offer intends to make a embrace. For an offer to be complete, there must be an intention, it must be communicated, and it must be certain and complete. No further steps are anticipated. I accept will form a trim. It will not be an offer if the offeree does not hear it from the offeror.5The offer may be destroyed by withdrawal by the offeror, a lapse of time specified by the offeror, or at a sound time after being made, and also by being superseded by a subsequent offer (by offeror or offeree), or lastly being rejected by the offeree.6Offers must be distinguished from an invitation to treat. An invitation to treat gives the offeree a chance to make an offer to purchase the item. Some examples include Advertisements or shop displays.7 Unilateral offers are contracts where the acceptance and performance are simultaneous, and takes the form of If you do this then I promise that (examples rewards and tenders). The contract is unilateral because only the offeror is bound.8 Until the offeree performs, he/she has not accepted. When performance has happened, the offeree has nothing left to do.9 However, there are problems with unilateral offers. The normal rule is that you can overrule until communication of acceptance, which may lead to unfair results. The Walking to York example suggests that you must walk all the itinerary to York in order to have accepted the unilateral contract. Thus, walking 80%, or partial walking, is not acceptance. Performance then must be complete or the offer can be revoked.10 partial tone completion, however, may give rise to quantum meruit, which allows for the offeror to revoke the offer but to award the offeree a reasonable appraise for the time and effort he has put in up to the time of revocation. It is usually obligate to avoid the unjust enrichment of one party at the expense of another. For there to be a logical acceptance of an offer, there must be a mirror image of the offer without adding anything new.11 The communication of acceptance must be expressly or impliedly dictated.12 Silence is not acceptance.13 In order for a contract to be considered binding there must be consideration. The Pollock definition of consideration is An act or forbearance of one party, or the promise thereof is the price for which the promise of the other is bought, and the promise and then given for vale is enforceable. There must be a benefit - detriment compon ent to ground a causal link. The case of Thomas v Thomas states that consideration means something which is of some value in the eye of the law, moving from the plaintiff to defendant. It may be some benefit to the plaintiff or some detriment to the defendant.14More specifically, however, the formation of a straightforward civil engineering contract follows a similar process. It may proceed in the following stages invitation to tender tender or