ADMS 2610 Lecture Notes - Lecture 2: Collateral Contract, Parol Evidence Rule, Personal Information Protection And Electronic Documents Act

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Offers: dickinson vs dodds: an offer can be revoked at any time prior to acceptance by the original offeree. Acceptance: can be conditional, essentially a counteroffer, can be expressed directly so that a bilateral (both parties agree) contract is formed, can be implied by actions. Creating a unilateral contract: acceptance is at the instance when you click agree. Consideration: what you pay for is what you get (give and take, need not be of equal value to what is being received, but must have value to the recipient. If it is grossly unequal, courts might rectify: cannot be for past performance, gratuitous promises lack consideration. Therefore are not enforceable except if written and under seal. Promissory estoppel is possible if charity entailed expenses in reliance: a seal is used where there is no consideration e. g. wills, quantum meruit- pay what she/he earned, what the job was worth.

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