Is that Offer?
In this case, it concerns a valid contract an offer. There are seven essential elements in a binding legal contract. They are:
(1)offer and acceptance
(2)Intention to create legal relations
(6)Privity of Contract
(7)Genuine Consent of the parties
Then it is important to decide whether a statement is an offer or an invitation to treat, because if the statement is an offer and the offer is accepted a contract may result. If the statement is an invitation to treat, it cannot be accepted; it is merely an invitation to make an offer.
An offer expresse…
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- Is that Offer?
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