Offer and Acceptance in Contractual Law Author Professor Institutional Affiliation Date Introduction The law of contract is a complicated system. This law has rules for the situations where some contracts can be validated and the situations when such contacts are void. The main criterion is to use the laws to ascertain whether the different scenarios are suitable for the requirements of the individuals. Despite these stringent rules their purpose is to ensure that everyone has protection for their physical property as well as their intellectual property. A contract can be either unilateral or bilateral. A bilateral contract is where two individuals or parties agree to carry out some service or provide some commodity in exchange for some financial or service returns. A unilateral contract is when an individual offers some service or product so that others can purchase it. Thus the individual setting up a unilateral contract is the accept the offer they were not able to receive the Christmas trees. Holly’s flier on the discount on Christmas trees was an offer which put her at a unilateral agreement. Thus she was supposed to provide the trees to the clients that responded to her offer. However the three managers were unable to follow the instructions that Holly had written. Therefore the agreement was not sealed and Holly did not have any contract with the three. Hence in case she was sued for not fulfilling her promise the case would not be successful since there is evidence that the three clients failed to fulfil the demands of the initial offer. Bibliography Bayern S. Offer and Acceptance in Modern Contract Law: A Needles Concept. Cal. L. Rev.. 2015; 103: 67. Schwartz A Scott RE. The Common Law of Contract and the Default Rule Project. Va. L. Rev.. 2016; 102: 1523. [...]
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