国际贸易实务双语教程Chapter10 The Conclusion of Sales Contracts

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? 1. The withdrawal of an offer ? 2. The revocation of an offer
Invalidation of an Offer
? 1. The expiry date ? 2. Rejection ? 3. Counter-offer ? 4. Force Majeure ? 5. In case that the offeror or offeree becomes
Definition
? An offer is a proposal of terms and conditions presented in a potential contract by one party, called the offeror , to anther party, called the offeree.
Acceptance
? Implication of an acceptance ? The key elements constituting an acceptance ? The period for an acceptance coming into effect ? Late Acceptance ? The Withdrawal of An Acceptance
Chapter 10 The Conclusion of Sales Contracts
10.1 The procedure for the conclusion of sales contract
? Definition of Contract ? Offer ? Inquiry ? Counter Offer ? Acceptance
The necessary conditions for a valid offer in law
? 1. An offer must be addressed to one or more specific persons.
? 2. The contents of an offer must be sufficiently definite.
? 1. In case that the validity time is specified definitely in an offer, the offeree must make an acceptance within the stipulated time limit. The offer is not binding on the offeror when the validity expires.
? 3. With the indication that the offer is binding upon the offeror.
? 4. An offer comes into effect only when it reaches the offeree.
Validity time of an offer
Counter Offer
? Counter offer means a reply to the offer made by the offeree, not accepting completely the terms of the offer and with the proposal to modify or change it.
incapable of legal transaction (such as insanity, death etc.), the offer is invalid.
Inquiry
? The non-firm offer is legally called as invitation to for offer, referring to with an intention to purchase or sell some certain commodities, one party inquires about the trade terms to the other party, or brings about a proposal for business transaction with some terms. There are some ways to make an invitation to for offer, the inquiry is widely used. It is not with legal force, nor constituting an offer.
Offer
? Definition ? The necessary conditions for a valid offer in law ? Validity time of an offer ? The time for an offer coming into effect ? The Withdrawal and the Revocation of an offer ? Invalidation of an Offer
Definition of Contract
? A contract is an agreement reached by two or more than two parties concerned, in order to establish, modify or terminate the civil right and obligation of the parties.
? 2. The validity time in an offer not stipulated definitely
? 3. An oral offerபைடு நூலகம்
The time for an offer coming into effect
The Withdrawal and the Revocation of an offer
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