Contracts: Case Analysis on Legal Offer

Question 1

A valid offer has specific elements that must exist to make it practical between the offeror and the offeree. The first element is that there must be an offeror. In this case, Acme Equipment is the offeror by prompting to sell the dough-cutting machine. The second element is that an offer must be communicated. Communication in an offer entailed sharing information about what is being sold, its nature, where it is being sold from, as well as the time when the offer will be closed. According to the depicted case study, between Acme Equipment and Big Bagels, it is clear that the communication took place because the offer closing date had also been communicated. The other element of a valid offer in a contract is that it must have an offeree and a consideration. In this case, Big Bagels was the offeree by prompting to want to buy the dough-cutting machine. The considering is the amount in value which the offeree would have paid to be given the item.

I think this was an invalid offer. First, because the offeree had not indicated in writing or through post that he was interested in the dough-cutting machine. Lack...