Created by Jana Slavina
almost 10 years ago
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DEFINE OFFER
Issues to consider when determining if communication is an offer
Different between OFFER and INVITATION TO DEAL
DEFINITE AND CERTAIN TERMS
Definite term requirement - real estate transactions
definite terms requirements - sale of goods
definite term requirement - offer of services
MISSING TERMS V. VAGUE TERMS
TYPES OF TERMINATION OF OFFER
TERMINATION OF OFFER BY OFFEROR - REVOCATION
EFFECTIVENESS OF OFFER REVOCATION
LIMITATIONS ON POWER TO REVOKE OFFER
TERMINATION BY OFFEREE
Who MAY ACCEPT AN OFFER?
KNOWLEDGE OF OFFER
ACCEPTANCE OF UNILATERAL CONTRACT
ACCEPTANCE OF OFFER FOR BILATERAL CONTRACT
Common law "Mirror Image Rule"
UCC Art 2 - "Battle of Forms" Provision
Is acceptance with additional terms effective for contracts other than sale of goods?
Conditional Acceptance
BILATERAL CONTRACT ACCEPTANCE
"Mailbox Rule"
Exceptions to "Mailbox Rule" of acceptance
Acceptance by Unauthorized Means
UCC Rules re Auction Contracts