Week 2 Contracts - I. II. III. IV. V. Special Offer Rules...

Info iconThis preview shows pages 1–2. Sign up to view the full content.

View Full Document Right Arrow Icon
I. Special Offer Rules (Things that are not offers) a. Only applies to a.i. Advertisements a.i.1. Usually invites to offer a.i.2. Because it’s not limited. a.ii. Quotes a.iii. Requests for Bids b. Still needs: b.i. Expresses a present commitment b.ii. Includes sufficient certainty of terms II. General Rules a. Means that it is a rule generally a.i. However, in some circumstances, it is not determinative b. News. Circulars, and price quotes are not offers b.i. Because there are no specific offeree b.ii. Also because there are no specific quantity III. Lefkowitz v. Great Minneapolis Surplus store a. See Case Brief b. Advertisement Had: b.i. Specific person b.ii. Specific Price b.iii. Specific Quanity b.iv. Specific Time b.v. Specific Place c. Advertisement in this particular paper was considered an offer. IV. Fairmount Glass Works v. Crunden-Martin Wooden Ware Co. a. See Case Brief b. In the telegraph, it started off with the word quote, but however the quote is considered, in context, a price inquiry reply. But also, they stated the rest of the terms, and said if they reply immediately, then they get a lower price. That
Background image of page 1

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
Image of page 2
This is the end of the preview. Sign up to access the rest of the document.

Page1 / 3

Week 2 Contracts - I. II. III. IV. V. Special Offer Rules...

This preview shows document pages 1 - 2. Sign up to view the full document.

View Full Document Right Arrow Icon
Ask a homework question - tutors are online