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· 11/8/1991

Chang v. First Colonial Savings Bank

Citations

  • 410 S.E.2d 928
  • 242 Va. 388
  • 8 Va. Law Rep. 1324
  • 19 Media L. Rep. (BNA) 1698
  • 1991 Va. LEXIS 148

How courts have described this case

Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.

  • holding that bank’s advertisement promising two free gifts and $20,136.12 upon maturing in 3½ years in exchange for a $14,000 deposit constituted an offer that was accepted when $14,000 was deposited
  • holding that bank's advertisement promising two free gifts and $20,136.12 upon maturing in 3½ years in exchange for a $14,000 deposit constituted an offer that was accepted when $14,000 was deposited
  • requiring an offer to be “clear, definite, and explicit, and leaves nothing open for negotiation”
  • newspaper advertisement for bank settled the terms of the offer once bank accepted plaintiffs’ deposit, notwithstanding bank’s subsequent effort to amend the terms of the offer
  • where an offer is clear, definite, and explicit, and leaves nothing open for negotiation, it constitutes an offer, acceptance of which will complete the contract
  • “[wjhere the offer is clear, definite, and explicit, and leaves nothing open for negotiation, it constitutes an offer, acceptance of which will complete the contract.”

Source: CourtListener parenthetical corpus (CC0).

Judges: Hassell

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Sourced from CourtListener / Free Law Project (CC0).

This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.