University Taster
Law – University Taster
5.2 Offer and Acceptance
Offer and acceptance are the main parts of a legal contract. They create the agreement needed to make the contract enforceable. Over time, common law, key laws, and court decisions have shaped these ideas to ensure contracts are clear and fair.
Offer
An offer is a clear promise to make a contract based on specific terms. It shows that the person is serious about forming a legal agreement once the other side accepts it. The offer must be easy to understand, include all the important details, and be directly communicated to the person who can accept it. This ensures that there’s no confusion and both sides know exactly what they are agreeing to, making the contract fair and reliable.
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