Why is it important to create the contract on the date of acceptance?

Asked on 27.09.2018 in All Questions.
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To have a valid contract there must be 2 or more parties, there must be an Offer which can be expressed or implied as well as withdrawn at any time prior to being accepted. The offer needs to be definite as seen in Harvey vs Facey 1893 in this case Harvey sent a telegram asking Facey “Will you sell Bumper Hall Pen, telegraph lowest cash price” Facey replied by telegram stating, “Lowest cash price Bumper Hall Pen £900” Harvey accepted offer and then sued when he received...
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