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  2. 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 ...

  3. 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]

  4. Offer and acceptance - Wikipedia

    en.wikipedia.org/wiki/Offer_and_acceptance

    Lord Denning MR preferred the view that the documents were to be considered as a whole, and the important factor was finding the decisive document; on the other hand, Lawton and Bridge LJJ preferred traditional offer-acceptance analysis, and considered that the last counter-offer prior to the beginning of performance voided all preceding offers ...

  5. Hyde v Wrench - Wikipedia

    en.wikipedia.org/wiki/Hyde_v_Wrench

    offer, counter-offer Hyde v Wrench [1840] EWHC Ch J90 is a leading English contract law case on the issue of counter-offers and their relation to initial offers . It contains Lord Langdale 's ruling that any counter-offer cancels the original offer.

  6. Scots contract law - Wikipedia

    en.wikipedia.org/wiki/Scots_contract_law

    A Contract is formed by the acceptance of an offer; an offer can be constituted by responding to an invitation to treat. Variation of the original offer counts as counter-offer. A leading piece of legislation in Scots contract law is the Contract (Scotland) Act 1997. This act includes damages for breach of contract of sale.

  7. Agreement in English law - Wikipedia

    en.wikipedia.org/wiki/Agreement_in_English_law

    The Carbolic Smoke Ball offer. In English contract law, an agreement establishes the first stage in the existence of a contract. The three main elements of contractual formation are whether there is (1) offer and acceptance (agreement) (2) consideration (3) an intention to be legally bound.

  8. Firm offer - Wikipedia

    en.wikipedia.org/wiki/Firm_offer

    In the United States, an exception is the merchant firm offer rule set out in Uniform Commercial Code - § 2-205, which states that an offer is firm and irrevocable if it is an offer to buy or sell goods made by a merchant and it is in writing and signed by the offeror. [2] Such an offer is irrevocable even in the absence of consideration. If ...

  9. Encountering the Counter-Offer - AOL

    www.aol.com/2010/09/10/counter-offer

    Once in a while, when a job seeker submits their resignation and offers a two-week's notice, they get a surprise in return: a counter-offer. Quite frequently this includes a match on salary with ...