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Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA LW Exams › contract law
1. For example, when someone is selling a painting, is it a counter-offer when one says ‘I will buy the painting after authenticating with my expert’?
2. ‘I will help you leave if you give me your chair when you leave.’ Is this statement an offer? Will the contract be binding even when he decides not to leave?
Always appreciate your help!
1 – yes, it’s certainly not acceptance because acceptance must be complete and unconditional
2 – what a strange arrangement! I suppose that consideration is moving from both parties (helping and giving respectively)
And, yes, I suppose that it would be binding although there really should be some sort of time period involved … otherwise the poor sitter is there forever!
OK?