logging in or signing up Sample Lecture - Law - Contract Law lrlata Download Post to : URL : Related Presentations : Share Add to Flag Embed Email Send to Blogs and Networks Add to Channel Uploaded from authorPOINT lite Insert YouTube videos in PowerPont slides with aS Desktop Copy embed code: Embed: Flash iPad Dynamic Copy Does not support media & animations Automatically changes to Flash or non-Flash embed WordPress Embed Customize Embed URL: Copy Thumbnail: Copy The presentation is successfully added In Your Favorites. Views: 479 Category: Entertainment License: All Rights Reserved Like it (0) Dislike it (0) Added: September 12, 2011 This Presentation is Public Favorites: 0 Presentation Description No description available. Comments Posting comment... Premium member Presentation Transcript Law of Contract: Law of Contract Tony Walmsley and Emma TeareRequirements for a contract: Requirements for a contract Offer + Acceptance = Agreement Consideration Intention to Create Legal RelationsOffer or Invitation to Treat?: Offer or Invitation to Treat? An offer once accepted creates an agreement An offer can be contrasted with an invitation to treat An invitation to treat is an invitation to enter negotiations The “acceptance” of an invitation to treat does NOT create an agreement It is not always easy to distinguish between an offer and an invitation to treatOffer or Invitation to Treat?: Offer or Invitation to Treat? In certain types of standard transactions (e.g. display of goods, advertisements) there are some general rules that apply as to whether or not an offer has been made (can be rebutted)Advertisements: Advertisements Generally these are Invitations to Treat NOT offers If an advert in the paper was an offer the person who placed the advertisement would be required to contract with anyone/everyone who wanted to purchase the goods at the price statedExamples of Invitations to Treat: Examples of Invitations to Treat Pharmaceutical Society of Great Britain v Boots  1 QB 401 Partridge v Crittenden  1 WLR 1204 Fisher v Bell  1 QB 394Some adverts ARE offers: Some adverts ARE offers Often this is the case in UNILATERAL contracts The leading case is…Carlill v Carbolic Smoke Ball Co  1 QB 256 Court of Appeal: Carlill v Carbolic Smoke Ball Co  1 QB 256 Court of AppealRewards are often offers: Rewards are often offers Gibbons v Proctor (1891) 64 LT 594 Taylor v Allon  1 QB 304 R v Clarke (1927) 40 CLR 227 Williams v Cawardine (1833) 5 C & P 566Example question: : Example question: ‘Chris offered to sell: a) his Hornby train set to Richard…..’ Is this necessarily an offer in the legal sense? You do not have the permission to view this presentation. In order to view it, please contact the author of the presentation.