Chapter

Agreement

Jill Poole, James Devenney and Adam Shaw-Mellors

in Contract Law Concentrate

Third edition

Published on behalf of © Jill Poole, James Devenney & Adam Shaw-Mellors 2017

Published in print August 2017 | ISBN: 9780198803850
Published online September 2017 | e-ISBN: 9780191842221 | DOI: https://dx.doi.org/10.1093/he/9780198803850.003.0001

Series: Concentrate

Agreement

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Each Concentrate revision guide is packed with essential information, key cases, revision tips, exam Q&As, and more. Concentrates show you what to expect in a law exam, what examiners are looking for, and how to achieve extra marks. This chapter discusses the components of agreement, an essential ingredient of a contract. Traditionally an agreement is comprised of an offer and a corresponding acceptance. There are two types of agreement: bilateral and unilateral. Bilateral agreements are by far the most common in practice and consist of a promise in exchange for a promise. Unilateral agreements consist of a promise in exchange for an act. This chapter analyses the agreement process in terms of offer, acceptance, and revocation of offers in bilateral and unilateral scenarios in order to provide structures and scenarios for future use. It also explains the two-contract analysis which is used to impose pre-contractual liability in English law.

Keywords: agreement; bilateral agreement; unilateral agreement; offer; invitation to treat; acceptance; counter-offer; postal rule of acceptance; instantaneous communications; two-contract analysis

Chapter.  10418 words.  Illustrated.

Subjects: Contract Law

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