What Is an Offer in Contract Law?
7:50
Study.comKat Kadian-Baumeyer
What Is an Offer in Contract Law?
In contract law, an offer is defined as a promise of money or an item of value from a promisor in exchange for performance by a promisee. An offer can be revoked, terminated, or negotiated. Learn how an offer works in contract law, the six elements to a contract, and how the court interpreted contract law in the 1893 court case of Carlill v ...
14K viewsMay 2, 2013
Offer and Acceptance Examples
Acceptance in Contract Law | Definition & Types
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Acceptance in Contract Law | Definition & Types
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Not every “yes” creates a contract. In this short lecture, I explain Offer, Acceptance, and Counter-Offer under the Contract Act 1872—in clear, exam-friendly language. You’ll learn: • What counts as a valid offer (clarity, communication, legal intent) • What makes acceptance valid (absolute, mirror image, communicated) • Why “Yes, but…” is a counter-offer that kills the original offer Perfect for LLB students, bar exam prep, and anyone revising Contract Law. If this helps, like, comment, and sha
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