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Offer and Acceptance

Posting Rule

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IF Contract
Last updated: 27-Jan-2015

Per Robert Goff J in British Steel Corporation v Cleveland Bridge and Engineering Co Ltd [1984] 1 All ER 504:

…there may be what is sometimes called an ‘If’ contract, i.e. a contract under which A requests B to carry out a certain performance and promises that, if he does so, he will receive a certain performance in return, usually remuneration for his performance. The latter transaction is really no more than a standing offer which, if acted on before it lapses or is lawfully withdrawn, will result in a binding contract.

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