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[Lisbon Contract, a different perspective]

  • 04-09-2009 10:28am
    #1
    Registered Users, Registered Users 2 Posts: 862 ✭✭✭


    Over the last number of days i've been trying to look at 'Lisbon', from a number of perspectives, here's one.. [Lisbon, a simple contract]

    Some of the rules of the contract process.

    http://en.wikipedia.org/wiki/Offer_and_acceptance
    Battle of the forms


    Under the Uniform Commercial Code (UCC) Sec. 2-207(1), A definite expression of acceptance or a written confirmation of an informal agreement may constitute a valid acceptance even if it states terms additional to or different from the offer or informal agreement. The additional or different terms are treated as proposals for addition into the contract under UCC Sec. 2-207(2). Between merchants, such terms become part of the contract unless: a) the offer expressly limits acceptance to the terms of the offer, b) material alteration of the contract results, c) notification of objection to the additional/different terms are given in a reasonable time after notice of them is received.
    An offeree is not usually bound if another person accepts the offer on his behalf without his authorisation, the exceptions to which are found in the law of agency, where an agent may have apparent or ostensible authority, or the usual authority of an agent in the particular market, even if the principal did not realise what the extent of this authority was, and someone on whose behalf an offer has been purportedly accepted it may also ratify the contract within a reasonable time, binding both parties: see agent (law).

    Test of acceptance

    Acceptance is a final and unqualified expression of assent to the terms of an offer. It is no defense to an action based on a contract for the defendant to claim that he never intended to be bound by the agreement if under all the circumstances it is shown at trial that his conduct was such that it communicated to the other party or parties that the defendant had in fact agreed. Signing of a contract is one way a party may show his assent.



    Rules of acceptance


    Communication of acceptance

    It may be implied from the construction of the contract that the offeror has dispensed with the requirement of communication of acceptance (called waiver of communication - which is generally implied in unilateral contracts)



    An exception exists in the case of unilateral contracts, in which the offeror makes an offer to the world which can be accepted by some act.
    Tagged:


Comments

  • Registered Users, Registered Users 2 Posts: 15,443 ✭✭✭✭bonkey


    Moved from CT.


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