The central issue in this case is whether there is an enforceable contract between Cedric and Wirth? For a contract to be valid, the contractual elements will then have to be satisfied. The main elements of contract include offer and acceptance, consideration and intention to be legally binding. In addition, in the case of sale or leasing a land, evidence in writing is required.
Is there an offer?
The fact that Zuijs approaches Wirths about the possibility of using their Sydney site as a "backdrop" for a new firm is merely an invitation to treat not an offer. …
