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  2. Felthouse v Bindley - Wikipedia

    en.wikipedia.org/wiki/Felthouse_v_Bindley

    The uncle, Paul Felthouse, then sued Bindley in the tort of conversion - using someone else's property inconsistently with their rights. But for the uncle to show the horse was his property, he had to show there was a valid contract. Bindley argued there was not, since the nephew had never communicated his acceptance of the uncle's offer.

  3. Offer and acceptance - Wikipedia

    en.wikipedia.org/wiki/Offer_and_acceptance

    An acceptance is only contractually valid if the proposal to which response is made is an offer capable of acceptance. In an Appeal Court ruling in 2020, Sir John Chadwick , judge, accepted the argument put by the appellant in the case, drawing:

  4. Real estate contract - Wikipedia

    en.wikipedia.org/wiki/Real_estate_contract

    To be enforceable, a real estate contract must possess original signatures by the parties and any alterations to the contract must be initialed by all the parties involved. If the original offer is marked up and initialed by the party receiving it, then signed, this is not an offer and acceptance but a counter-offer.

  5. Posting rule - Wikipedia

    en.wikipedia.org/wiki/Posting_rule

    Day 3: B puts a letter accepting the offer in the mail. Day 4: B receives A's revocation letter. The letter of revocation can be effective only when received, that is Day 4. However, a contract was formed on Day 3 when the letter of acceptance was posted. It is too late for A to revoke the offer. Example 2: Day 1: A makes an offer to B. Day 2 ...

  6. Power of acceptance - Wikipedia

    en.wikipedia.org/wiki/Power_of_acceptance

    A counter offer is an offer which concerns the same subject matter but with different terms than the original offer. If a counter-offer is made by the offeree to the offeror, then the original offer is deemed rejected, and the power of acceptance included in the original offer is terminated. [32]

  7. PIX11 -- Siobhan O'Dell, a 17-year-old applying to colleges across the country, recently received a rejection letter from Duke University. However, it's her rejection of the rejection letter that ...

  8. Mirror image rule - Wikipedia

    en.wikipedia.org/wiki/Mirror_image_rule

    The English common law established the concepts of consensus ad idem, offer, acceptance and counter-offer. The leading case on counter-offer is Hyde v Wrench [1840]. [ 3 ] The phrase "Mirror-Image Rule" is rarely (if at all) used by English lawyers; but the concept remains valid, as in Gibson v Manchester City Council [1979], [ 4 ] and Butler ...

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