Philosophy 2080 Study Guide - Midterm Guide: Puffery, Fax, Carlill V Carbolic Smoke Ball Co

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To form a contract, you need an offer, communicated to another party, who must accept that offer before a contract can be formed. It can also be an issue as to whether both parties understand exactly what has been offered and accepted, or whether both parties understand the offer was an offer and the acceptance was an acceptance. The parties" shared knowledge of what has been agreed to is called consensus ad idem, i. e. a meeting of the minds. Offer made by offeror - acceptance given by offeree. Acceptance must be communicated to offeror , generally. Note: every first year law school course on contract has to use this case. Okay, no murder and intrigue, but the flu is certainly there. This case is great because we are introduced to a number of crucial elements of contract and the court resolves the apparent problems with ingenuity. Pharmaceutical society of great britain v. boots cash chemists.