Intricacies of the Time of Acceptance in Contract Law
Program [Year] [Topic] Paper Intricacies of the Time of Acceptance in Contract Law
Section Leader: [First Last Name
The Rejection of David’s Offer .. 05
Andrew’s Acceptance . 06
Conclusion .. 10
Introduction Beatty, Samuelson and Bredeson (2013: 252-235) identified seven elements for the creation of a valid contract between two principals: offer, acceptance, consideration, legality, capacity, consent, and writing. The offer must be of serious intent, reasonably definite, and communicated to the offeree (Ashcroft and Ashcroft, 1999: 57-58). The acceptance must unconditionally agree to the terms and communicated (Beatty, Samuelson and Bredeson, 2013: 252, 231). A consideration must be received by both parties ( ...