English Commercial Law - formation of the contract
Before there can be a contract, one party (the offeror) must make an identifiable offer on specific terms, demonstrating their desire to be bound, and the other party (the offeree) must unconditionally accept those terms, meaning the acceptance's conditions must be a "mirror image" of the offer. There must be consideration for this agreement in addition to the parties' determination to be bound by its provisions. The agreement is then considered to have been made. When this occurs, it will be clear if the agreement was made in writing and was signed by all parties. The precise date the contract was made, however, might not always be obvious, particularly if the parties didn't sign anything in writing.
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