Flashcards: Understanding Advertisements and Contract Formation — 10 cartões

Todos os cartões

1Pergunta

Advertisement — invitation or offer?

Resposta

Generally an invitation to treat, not a binding offer.

2Pergunta

Legal ingredients for contract?

Resposta

Agreement, intention, capacity, consideration.

3Pergunta

Offer — final and definite?

Resposta

Yes, it must be clear and binding upon acceptance.

4Pergunta

Invitation to treat — examples?

Resposta

Shop displays, catalogues, tender notices, auction notices.

5Pergunta

Advertisements — exceptions?

Resposta

When they contain clear, final terms or are unilateral offers.

6Pergunta

Acceptance — must be?

Resposta

Unqualified and matching the offer exactly.

7Pergunta

Counter-offer — effect?

Resposta

Terminates the original offer.

8Pergunta

Unilateral offer — example?

Resposta

Reward offers, where performance constitutes acceptance.

9Pergunta

Auction notices — nature?

Resposta

Invitation to bid, not an offer.

10Pergunta

Revocation — timing?

Resposta

Must be communicated before acceptance.

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Teste seu conhecimento com 5 perguntas sobre Understanding Advertisements and Contract Formation.

1. How do advertisements as invitations to treat differ from advertisements that are considered offers?

2. What does a legal offer in contract law primarily represent?

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