in order to save time, merchant buyers and sellers often make and accept offers to sell goods on standard or pre-printed forms with boilerplate provisions (sometimes on the back in fine print) which conflict with each other. under the old mirror image rule, no contract would be formed. this is called the problem.

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20-12-2022
Business

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in order to save time, merchant buyers and sellers often make and accept offers to sell goods on standard or pre-printed forms with boilerplate provisions (sometimes on the back in fine print) which conflict with each other. under the old mirror image rule, no contract would be formed. this is called the problem.

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Bhuvangarg Bhuvangarg · Answer 1 · 2022-12-25T13:51:44+01:00

The mirror image rule, also known as the "unequivocal and absolute acceptance requirement" in contract law, says that an offer must be accepted exactly as is. The owner of their own offer is the offeror.

What exactly is claimed acceptance?

The Rule of "Mirror Image": It is considered a counteroffer under common law if the offeree's acceptance changes the terms of the offer in any way or pretends to accept the offer in a way that is not permitted by the terms of the offer.

When at least one party has the option to terminate the agreement, what kind of contract is there?

All parties have completed their obligations under an executed contract. Contracts that are legal are fully enforceable. An agreement with a legal flaw is unenforceable. When one party has the option to terminate the agreement, this is known as a voidable contract.

To learn more about contract law here:

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