POL 319 Lecture Notes - Lecture 3: Engagement Ring, Privacy Policy, Public Key Infrastructure
15 Oct 2017
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Lecture 3: agreement in traditional and e-contracts. Example: dr. gave an opinion to father of son with hand surgery as to how long it would take to heal. No contract: statements of future interest is not an offer. An invitation to negotiate is not an offer: the invitation to submit bids is not an offer but the bids submitted are. By a contractor but the gov"t or private individual who accepts the bid is bound: price lists are another form of invitation to negotiate. Usually the expression prices are subject to change is included: some advertisement are offers such as a reward offered for a lost pet, auctions. In an auction a seller offers to sell goods for sale through an auctioneer but this is not an offer to form a contract: it is an invitation to submit offers. Before the hammer falls, a bidder can withdraw bid or the bid can be rejected.
