Learning
Contracts
Offer, acceptance, consideration, intention.
A contract needs an offer, acceptance of it, something of value passing both ways, and an intention to be legally bound. Most contracts do not need to be in writing to exist.
Terms can be express (written or said) or implied (put there by law, like satisfactory quality). Implied consumer terms cannot be contracted out of.
If a term in a standard consumer contract creates a significant imbalance against you, it may be unfair and therefore not binding.
Key points
- Verbal contracts are still contracts.
- Statutory terms beat small print.
- Identify the parties precisely — it decides who you write to.
- Keep every version of the terms you were shown.
You’re safe. You’re capable. You’re legally unstoppable.