LAWS1100 Study Guide - Final Guide: Contract, Halloween, Asthma
Document Summary
Simple contract: made verbally or in writing, or implied by the conduct of the parties, most common form of contract, e. g. buying lunch, purchasing an item of clothing, etc. Formal contract: requires legal formalities and is valid only when made according to the form required by law. Set down by law, it has to be in writing (no verbal): e. g. contract for land, deeds, etc. Allia(cid:374)ce ba(cid:374)k, rege(cid:374)t street, showi(cid:374)g our si(cid:374)cerity i(cid:374) the (cid:373)atter : held: In determining whether there was an agreement, the court decided that the advertisement was more than a mere invitation to treat: advertisement by carbolic was an offer to all the world (offer to the world at large). Silence is not acceptance: the (cid:449)ords: (cid:858)if i do (cid:374)ot hear fro(cid:373) you to the (cid:272)o(cid:374)trary, i (cid:449)ill take it you ha(cid:448)e a(cid:272)(cid:272)epted (cid:373)y offer(cid:859) is (cid:374)o a(cid:272)(cid:272)epta(cid:374)(cid:272)e, acceptance is a deliberate act and silence is not.
