Overview
This video explains the common-law mirror image rule in contract law, emphasizing that acceptance must exactly match the offer's terms for a valid contract to form.
The Mirror Image Rule Explained
- The mirror image rule requires that an acceptance be on the exact same terms as the original offer.
- If acceptance differs from the offer, it is considered a rejection and a counteroffer.
Example Scenario
- A farmer offers to sell 1,000 red apples to a businessman with delivery by truck by noon the next day.
- The businessman agrees to purchase but requests delivery by train instead.
- Because delivery terms differ, the businessman's response is not an acceptance but a counteroffer.
Consequences of the Rule
- If acceptance changes the terms, no contract is formed under the mirror image rule.
- The original offeror (farmer) can accept or reject the counteroffer.
- If the farmer accepts, he must deliver the apples by train per the new terms.
Additional Notes
- The Uniform Commercial Code (UCC) has different rules for contracts, which will be covered separately.
- Viewers are encouraged to discuss the topic further via message board, blog, or email.