| | [No title] (Site not responding. Last check: 2007-10-07) |
 | | If the offeree does not reject the terms outright but makes some changes in them, then the terms that she proposes becomes a new offer (counter-offer) Invitation to Offer (Invitation to Treat) (providing information as a preparatory stage to making an actual offer - courts recognize this type of pre-offer statement. |
 | | (ex: request for proposals (an invitation to treat or a pre-offer, ad in a newspaper or publication of a price list) Ads in newspapers not always treated as invitations to treat, but c/b actual offers: as in Lefkowitz (1957, US p. |
 | | if magic word “deposit” is not used, and there is nothing from parties’ conduct or language in K to infer that this was meant to be a deposit, then the court will generally treat the pre-payment as something the defaulting buyer has the right to have returned. |
| www.csclub.uwaterloo.ca /u/e2kim/law/summaries/2004_Contracts_Bailey_BS_short_summary.doc (8301 words) |