Common Contracts
1 similar Contract Law contracts
ContractContract Law • September 14th, 2020
ELEMENTS SPECIFICS/EGs RULES EXCEPTIONS AUTHORITIES Agreement A concluded agreement will be reached wherean offer has been accepted. Empirnall Holdings v Machon Paul Partners A valid agreement based on offer andacceptance can exist b/w 2 or more parties Clarke v Dunraven It may be necessary to look at the whole relationship in order to determine whether there has been agreement rather than trying to isolate“offer” and “acceptance”. Empirnall Holdings v Machon Paul Partners per Kirby P There is no concluded contract if the parties leave an important part of the bargain to bedetermined by a future agreement. May & Butcher v The King The parties may validly leave terms such as price to be determined by a formula or by other meanssuch as determination by a 3rd party Booker Industries v Wilson Parking The promise to provide prizes in a competitionis a unilateral contract. Carlill v Carbollic Smokeball Offer An offer is the expression of another of a willi
