COMMERCE 4SD3 Lecture Notes - Lecture 4: Blue Mountain (Ski Resort), Contract, Positive Form
6 Jul 2015
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Contract law: a promise or set of promises which the courts will enforce, need not be in writing (as long as you can prove it, obvi better in writing because. Subject to a condition on the part of the other (offeree) Contract formed once the offeree accepts the offeror"s offer. Usually not a criminal offence to break a contract. May be a desirable business decision with some exceptions. Subject to unfavourable public relations and false advertising. Self-serve display not an offer, but rather an invitation to. Offer to sell to general audience not an offer. Unless to a designated individual or group of individuals. Cannot accept an offer if you don"t know that it exists (ex. Are they making an offer or inviting an offer from. Same principle applies to crossed offers receive an offer. Standard form kns (kn stands for contracts) (disclaimers) Or wilson vs. blue mountain ski resort (courseware)
