Foundational Principles of Contract Law
Published:
2018
Online ISBN:
9780199364718
Print ISBN:
9780199731404
Contents
Chapter
Get access
Melvin A. Eisenberg
Pages
457–484
-
Published:
October 2018
- Annotate
Cite Icon Cite
Cite
Eisenberg, Melvin A., 'The Termination of an Offeree’s Power of Acceptance', Foundational Principles of Contract Law (
Close
Search
Search Menu
Abstract
An offer vests in the offeree the power to conclude a bargain, that is, the power of acceptance. Much of the law of offer and acceptance concerns the question: What kinds of events terminate that power? One such event is lapse of the offer. Another is revocation. Normally an offeror may revoke the offer at any time before acceptance. However, often an offeror will promise to hold the offer open for a given period of time. If the offeree gives consideration for such a promise the promise is referred to as an option and is enforceable. If the offeree does not give consideration for such a promise the offer is referred to as a firm offer and normally is revocable unless relied upon. This rule is unjustified. If an offeror promises to hold an offer she does so to further her own interests. Failure to enforce such promises is therefore against the interests of offerors as a class.
Keywords: power of acceptance, termination of power, lapse, revocation, option, firm offer
Subject
Collection: Oxford Scholarship Online
You do not currently have access to this chapter.
Sign in
Get help with access
Personal account
- Sign in with email/username & password
- Get email alerts
- Save searches
- Purchase content
- Activate your purchase/trial code
- Add your ORCID iD
Sign in Register
Institutional access
- Sign in with a library card
- Sign in with username/password
- Recommend to your librarian
Sign in through your institution
Sign in through your institution
Institutional account management
Sign in as administrator
Get help with access
Institutional access
Access to content on Oxford Academic is often provided through institutional subscriptions and purchases. If you are a member of an institution with an active account, you may be able to access content in one of the following ways:
IP based access
Typically, access is provided across an institutional network to a range of IP addresses. This authentication occurs automatically, and it is not possible to sign out of an IP authenticated account.
Sign in through your institution
Choose this option to get remote access when outside your institution. Shibboleth/Open Athens technology is used to provide single sign-on between your institution’s website and Oxford Academic.
- Click Sign in through your institution.
- Select your institution from the list provided, which will take you to your institution's website to sign in.
- When on the institution site, please use the credentials provided by your institution. Do not use an Oxford Academic personal account.
- Following successful sign in, you will be returned to Oxford Academic.
If your institution is not listed or you cannot sign in to your institution’s website, please contact your librarian or administrator.
Sign in with a library card
Enter your library card number to sign in. If you cannot sign in, please contact your librarian.
Society Members
Society member access to a journal is achieved in one of the following ways:
Sign in through society site
Many societies offer single sign-on between the society website and Oxford Academic. If you see ‘Sign in through society site’ in the sign in pane within a journal:
- Click Sign in through society site.
- When on the society site, please use the credentials provided by that society. Do not use an Oxford Academic personal account.
- Following successful sign in, you will be returned to Oxford Academic.
If you do not have a society account or have forgotten your username or password, please contact your society.
Sign in using a personal account
Some societies use Oxford Academic personal accounts to provide access to their members. See below.
Personal account
A personal account can be used to get email alerts, save searches, purchase content, and activate subscriptions.
Some societies use Oxford Academic personal accounts to provide access to their members.
Viewing your signed in accounts
Click the account icon in the top right to:
- View your signed in personal account and access account management features.
- View the institutional accounts that are providing access.
Signed in but can't access content
Oxford Academic is home to a wide variety of products. The institutional subscription may not cover the content that you are trying to access. If you believe you should have access to that content, please contact your librarian.
Institutional account management
For librarians and administrators, your personal account also provides access to institutional account management. Here you will find options to view and activate subscriptions, manage institutional settings and access options, access usage statistics, and more.
Purchase
Our books are available by subscription or purchase to libraries and institutions.
Metrics
Metrics
Total Views 345
300 Pageviews
45 PDF Downloads
Since 10/1/2022
Month: | Total Views: |
---|---|
October 2022 | 18 |
November 2022 | 6 |
December 2022 | 8 |
January 2023 | 7 |
February 2023 | 8 |
March 2023 | 10 |
April 2023 | 12 |
May 2023 | 6 |
June 2023 | 8 |
July 2023 | 5 |
August 2023 | 19 |
September 2023 | 11 |
October 2023 | 32 |
November 2023 | 50 |
December 2023 | 23 |
January 2024 | 12 |
February 2024 | 35 |
March 2024 | 19 |
April 2024 | 24 |
May 2024 | 8 |
June 2024 | 6 |
July 2024 | 3 |
August 2024 | 11 |
September 2024 | 4 |
Citations
Powered by Dimensions
Altmetrics