Common Contracts

1 similar Acceptance of Offer contracts

Acceptance
Acceptance of Offer • July 9th, 2020

Acceptance A final and unconditional agreement to all the terms in the offer. It must be acceptance of the whole offer and must be positive and unqualified. How do you accept an offer? Generally can be in any form, unless the offer states a specific method. Does not have to be in the same format as the way the offer was made. However, acceptance cannot be by silence, there must be some positive act.The offeror can require a specific method of communication of acceptance. Felthouse v Bindley (1863)Yates v Pulleyn (1975) When does acceptance take place? General rule is that acceptance takes place when it is communicated to the offeror. Acceptance by conduct – where the offeree behaves in a specific way which deems the contract to be accepted Reveille Independent LLC v AnotechInternational (UK) Ltd (2016) Acceptance by post – the postal rules – developed in the 19th century. The rule only applies to letters of acceptance and not offers and counter offers.The rules are1) The rules only app

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