JSB171 Lecture Notes - Lecture 1: Gijsbert Van Tienhoven, Reasonable Time
Document Summary
Definition: the expression to another of a willingness to be bound by the stated terms. Offeror person who makes the offer (promisor) Offeree person who receives the offer (promisee) Invitation to treat is not an offer: advertising in catalogue etc = invitation to treat (grainer v gough, goods displayed in shops (pharmacutical v boots cash) Mere statement of price which someone would sell for is not an offer (harvey v facey) Court will determine whether ad is offer of invitation by examining likely effect on potential customer (carlill) Offer can be made to whole world (carlill) Offer is effective when and not until it is communicated to the offeree (taylor v. Standing offer can be withdrawn or revoked at any time prior to acceptance (great northern v witham) Offer can be terminated at any time before it is accepted. In an option, offer cannot be terminated before option has expired (goldsborough mort v quinn)
