Documente Academic
Documente Profesional
Documente Cultură
- 1920
Facts:
• P – requests lowest sale price – holds this is an I-to-T
• D – Burton – quotes a sale price … claims = I-to-T rather than Offer
• P – asks for clarification and reconsideration a year later
• D – quotes a low prices “at which he is willing to sell”
• P – “Accepts” and holds this is a binding K
• D – sends deed, accepts deposit and sets date for final sale.
Issue:
• Was D’s cmns a price quote (or I-to-T) or was it an offer.
Holding:
• D made an offer … determined by plain reading in conjunction with subsequent actions - π wins
Ratio:
• Price quote = Invitation to Treat
• Crts will look at both language of transaction &subsequent actions to determine intent
REFERENCE
BIUKOVIC-CONTRACTS – FALL
Derry Dance 2003