Counter - offer and death - termination of an offer, Business Law and Ethics

Counter - offer and Death - Termination of an Offer

Counter - offer

However a counter - offer is constituted through the offeree's qualified acceptance that in itself grow to be the fresh offer and cancels the original offer like e.g. of Hyde v. Wrench - in whether the "acceptance" for buy the house to £950 was held to have cancelled the offer to sell whereas at £1,000.

Death

Well the death of either party previous to acceptance terminates a specific offer.  Conversely the offer only lapses whether notice of death of the one is given for the other.  Thus as was the case in the Bradbury v Morgan Mellish Js dictum in Dickinson V Dodds is then emphatic after the offeror dies his offer cannot be accepted.

Posted Date: 1/22/2013 1:50:19 AM | Location : United States







Related Discussions:- Counter - offer and death - termination of an offer, Assignment Help, Ask Question on Counter - offer and death - termination of an offer, Get Answer, Expert's Help, Counter - offer and death - termination of an offer Discussions

Write discussion on Counter - offer and death - termination of an offer
Your posts are moderated
Related Questions
Explain what are the primary & secondary sources of information that you can use to conduct your research. If it is primary/secondary, or both state reasons for your answer.

Explain about the international commission of United Nations. The International Law Commission: Established into 1948 year, the mandate of International Law Commission is

INTERNATIONAL LAW AND MUNICIPAL LAW   International law is defined as a law between sovereign states and it is implemented to certain subjects such as the States. There are variou

Practical Consequences of Incorporation: In the course of delivering his judgment in Salomon's case Lord Halsbury stated that "once the company is incorporated, it must be tre

Mrs. Rusholme occupied the firm of Saunders and Watts to refinish floors in assured rooms of a home owned by her and her husband in Red Deer, Alberta. She told Mr. Saunders that sh

Directors' Remuneration: For technical reasons the directors are not regarded as servants or employees of the company of that they are directors. Therefore  here they have no

Articles of Partnership - Authority of Partners The relations of partners to one other are governed through the Articles of Partnership.  Like third parties are not allowed fo

Contributions of Equity Contributions of Equity as: Developed the so called maxims of equity and Provided additional remedies and Provided for the discovery of

Function of the Registered Office:                          Section 107(1) provides that a company shall, as from the day on which it begins to carry on business or as from th

Advantages of Stare Decisis - Practicality In fact the case law method has enabled judges to adopt a practical approach for legal problems since those problems have arisen