LAW 122 Lecture Notes - Lecture 7: Posting Rule, Oea, Iversity
8 Dec 2015
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Commercial presumption intention to create legal relationship. Social presumption to not create a legal relationship. Contract: i offer(name offeree) to buy your(offeror) book for 30 dollars as is . Rejects original offer and provides a new offer) I offer(name offeree) to buy your(offeror) book for 35 dollars . Contacts offeror to revoke offer before offeror accepts o o. Contract: i offer to buy your book for 30 dollars as is closing july 30th 2015: this offer is irrevocable until. Found book for less at store, bought it for 20. Can still be revoked as it is gratuitous and a promise. One sided i promise to donate to your charity. Gratuitous as there was no exchange when the promise was made. The promiser did not receive anything at that time. Ahmad owned regent arms, an apartment block in downtown vancouver, which he wished to sell. He knew that felicity, a real estate developer, was interested in such properties.
