Q&As

Could a quote for goods or services be sufficient to comprise a legally binding contract?

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Published by a LexisNexis Commercial expert
Published on: 05 April 2016
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It will be necessary to consider the terms and conditions attached to the quote, and identify whether any of the terms make the quote capable of acceptance or not. The following materials outline the essential ingredients of a legally binding Contract. In summary, the basis of English contract Law is that a contract is formed when:

  1. •

    a valid Offer is accepted. It will be important to ensure that an offer has been made as part of the quote as opposed to an invitation to treat. Invitations to treat are made where the invitee does not intend to be bound. The distinguishing factor between an offer and invitation to treat is that an offer can be accepted and such acceptance will result in a contract, whereas an invitation

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Jurisdiction(s):
United Kingdom
Key definition:
Goods definition
What does Goods mean?

Goods denote personal chattel and other property which may be detached from land.

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