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

Assignment Help:

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.


Related Discussions:- Counter - offer and death - termination of an offer

Authority of precedent - statement of salmond, Authority of Precedent - Sta...

Authority of Precedent - Statement of Salmond There writing on the authority of the precedent Salmond has stated as follows like; "The importance of judicial precedent has

Prohibition - name clause , Prohibition:  Section 18 of the Registrat...

Prohibition:  Section 18 of the Registration of Business Names Act provides that the registration of a company's business name under the Act shall not be construed as authoris

Stare decisis and its application by us courts, Stare Decisis and Its Appli...

Stare Decisis and Its Application by US Courts However there is so far no case decided through the US Court of Appeal regarding the application of "stare Decisis" through US C

Effect of registration, Effect of Registration: S.16(2) of the Act pro...

Effect of Registration: S.16(2) of the Act provides that "from the date of incorporation mentioned in the certificate of incorporation the subscribers to the memorandum of a

Proposed business structure, The business that you are to work on for this ...

The business that you are to work on for this assessment is Apex Pty Ltd, a company based loosely around property development and construction work. The specialisation of this com

Describe the principal-agent framework, Describe the principal-agent framew...

Describe the principal-agent framework In standard principal-agent framework an agent may be directed to maximize an objective function which may or may not be different from

Explain two scenarios of restraint of trade clause, Explain two scenarios i...

Explain two scenarios in which a restraint of trade clause would typically be used.

Benefits of non-accepting shareholders, Benefits of non-accepting sharehold...

Benefits of non-accepting shareholders: The minority whose shares are acquired compulsory under s.210 are entitled to all the benefits included in the original offer and accep

contrary case, a) Two family businesses are competing in the same industry...

a) Two family businesses are competing in the same industry, and have been bitter rivals since their early days.  The feud eventually extended into the personal lives of each famil

Legal framework of international shipping rules, Question 1: (a) Defin...

Question 1: (a) Define the term "Multimodal transport". (b) State the advantages of multimodal transport for forwarders. (c) Describe the different forms of multimodal trans

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd