BU231 Chapter Notes - Chapter 5-6-7: Standard Form Contract, Estoppel, Legal Personality
Document Summary
Chapter 5 formation of a contract: offer and acceptance. A contract is a set of promises that the law will enforce. 4 basic requirement to form a legally enforceable contract. Acceptance dream shake for the dream at stake bang the shot and i get the cake. Offer is a description of a promise one party is willing to make, subject to the agreement of the other party. In most situations, an offeror communicates an offer orally or in writing, but can also do it without words (a taxi driver opening the door of his cab). Offeree cannot accept an offer until they are aware of it. Unless consumer has expressed consent through writing, the supplier does not have a cause of action for any loss, misuse, possession, damage in respect of the goods or services by the use of the goods or services.
