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“Given the House of Lords’ strict interpretation of the doctrine of offer and acceptance in Gibson v Manchester City Council [1979] 1 All ER 972, would The Satanita [1895] P 248 be decided the same way today?”
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Law of Obligations 1: The Law of Contract Question: "Given the House of Lords' strict interpretation of the doctrine of offer and acceptance in Gibson v Manchester City Council [1979] 1 All ER 972, would The Satanita [1895] P 248 be decided the same way today?" 9 January 2007 In order to answer this question, it is essential to outline the basics of the formation of a contract and the doctrine of offer and acceptance. A contract is a legally enforceable agreement between two or more parties. It is formed when one party (the "offeror") makes an offer which is accepted by the other party (the "offeree"). Offer and acceptance are two components of a valid contract which result in a "meeting of the minds".1 Offer is a specific proposal to enter into an agreement with another. Acceptance validates the contract and it must be clear, unequivocal, unconditional and made by the person...
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