BULE 303 Study Guide - Midterm Guide: Multistorey Car Park, Anticipatory Repudiation, Specific Performance
14 Dec 2020
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Document Summary
The conduct (action) is the acceptance: revocation of offers for unilateral contracts. In contract law, offers are normally revocable (capable of being taken back, or cancelled) until accepted. The modern day view is that once performance of the k has been substantially undertaken, the offeror cannot revoke the offer: express k words/written. Remember the statute of frauds & my legs categories: void contract: a k having no legal force or binding effect, agreement, offer & acceptance, requirements of offer, 1) offeror"s serious intention. Intoxication does not negate contractual intent: need to look at the actions of the parties to determine seriousness of intention. Reinforces the objective theory of contracts: what are not offers, expression of opinion, statement of future intent, a request to negotiate, 2) definite terms all k need certain terms to be considered complete such as: A rejection of the offer is usually accomplished by words or conduct evidencing an intent not to accept the offer.
