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Payne v Cave (1789) 3 TR 148 is an old English contract law case, which stands for the proposition that an auctioneer's request for bids is not an offer but an invitation to treat. The bidders make the offers which can be accepted by the auctioneer.
[6] [7] It is implicit from Payne v Cave (1789), [8] an early case concerning auctions, that each bid is deemed to expire when others make higher bids; but some auctioneers (such as eBay) have lawfully amended this presumption so that, should a higher bidder withdraw his bid, they may accept a lower one. [further explanation needed]
Pages in category "1789 in case law" The following 2 pages are in this category, out of 2 total. ... This list may not reflect recent changes. P. Payne v Cave; S ...
Great Britain Acts of Parliament 1789 (2 P) Pages in category "1789 in British law" The following 2 pages are in this category, out of 2 total. ... Payne v Cave; S ...
Tinn v Hoffman (1873) 29 LT 271: "A rejection terminates an offer, so that it can no longer be accepted." The authority cited in Bonner Properties Ltd v McGurran Construction Ltd, a Northern Ireland case of 2008, is Tinn v Hoffman and Company (1873): In that case Mr Tinn was negotiating with the defendants for the purchase of some 800 tons of iron.
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Simon Cowell, The X Factor judge who played a vital role in One Direction’s rise into the spotlight, has issued a statement following Liam Payne’s death.. After the pop star fell three stories ...
Smith v Hughes (1871) LR 6 QB 597 is an English contract law case. In it, Justice Blackburn set out his classic statement of the objective interpretation of people's ...