Acceptance
- Created by: Molly Byrne
- Created on: 05-03-15 11:10
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- Acceptance
- An unequivocal statement, agreeing to and accepting the offer.
- Communicate
- Where parties are in each others presence communication is instantaneous
- If acceptance is out of business hours communication happens the next working day
- Shipping & Chartering v Astarte Shipping
- Silence is not an acceptance
- Felthouse v Bindley
- Can be written, oral or conduct
- In unilateral contracts its done by fully performing the act
- Carlill v Carbolic Smoke Ball
- Postal rule of acceptance
- Takes place as soon as the letter is posted
- Adams v Lindsell
- Even when the letter doesnt arrive
- Household Fire Insurance v Grant
- Takes place as soon as the letter is posted
- Where parties are in each others presence communication is instantaneous
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