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  2. Offer and acceptance - Wikipedia

    en.wikipedia.org/wiki/Offer_and_acceptance

    An offer can be the basis of a binding contract only if it contains the key terms of the contract. For example, in some jurisdictions, a minimum requirement for sale of goods contracts is the following four terms: delivery date, price, terms of payment that includes the date of payment, and a detailed description of the item on offer including ...

  3. 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 ...

  4. Hyde v Wrench - Wikipedia

    en.wikipedia.org/wiki/Hyde_v_Wrench

    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.

  5. Power of acceptance - Wikipedia

    en.wikipedia.org/wiki/Power_of_acceptance

    In contract law, there are established rules and principles for various issues concerning contract formation, such as cross offers, [5] awareness of offer, [6] notification of acceptance, [7] timing of acceptance, [8] and postal rule. [9] Power of acceptance is part of the contract formation analysis, and which concerns the validity of acceptance.

  6. Butler Machine Tool Co Ltd v Ex-Cell-O Corp (England) Ltd

    en.wikipedia.org/wiki/Butler_Machine_Tool_Co_Ltd...

    I have much sympathy with the judge's approach to this case. In many of these cases our traditional analysis of offer, counter-offer, rejection, acceptance and so forth is out of date. This was observed by Lord Wilberforce in New Zealand Shipping Co. Ltd. v. A. M. Satterthwaite & Co. Ltd. [1975] A.C. 154, 167. The better way is to look at all ...

  7. Beware of the Counter Offer - AOL

    www.aol.com/2010/10/27/counter-offers

    Counter offers come when you inform your employer you are leaving. Don't take them, recommend career experts Valerie Fontaine and Roberta Kass. Employers make counter offers primarily because they ...

  8. Wolf v Forfar Potato Co - Wikipedia

    en.wikipedia.org/wiki/Wolf_v_Forfar_Potato_Co

    Wolf and Wolf v Forfar Potato Co (1984 S.L.T. 100) is a leading case in Scots contract law.It deals with offer and acceptance, more specifically with the effects a counter offer has on the existence of a contract.

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