Management and Organizational Studies 2275A/B Lecture Notes - Lecture 2: E-Commerce, Standard Form Contract, Reasonable Time

• School: Western University
• Department: Management and Organizational Studies
• Course: Management and Organizational Studies 2275A/B
• Professor: Cristin Keller

Document Summary

A contract consists of: offer, acceptance, consideration, intention. You have to look at all of them individually. It starts with i will make you an offer. The minute the offer is made, that ends the negotiation process. The terms should be clear and unambiguous. Offer versus invitation to treat: most advertisements and displays of goods in stores are. Invitations to treat. : invitation to treat is not an offer and is only treated in law as an expression of willingness to do business, an offer is not an invitation to treat. The parties to a contract: offeror the person who makes an offer, offeree the person to whom an offer is made. As an offeree, only that person can accept that offer. There is a very strong argument that spamming is unethical and tremendously costly to the unwilling recipients: spam commandeers the time and resources of recipients without their permission and without compensation.