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Article 1117 of the French Civil Code

The offer lapses on expiry of the period set by the offeror or, failing that, on expiry of a reasonable period. It also lapses in the event of the incapacity or death of the offeror, or the death of the offeree.

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Article 1118 of the French Civil Code

Acceptance is a manifestation of the offeror’s intention to be bound by the terms of the offer. As long as the acceptance has not reached the offeror, it may be freely retracted, provided that the retraction reaches the offeror before the acceptance. An acceptance which does not conform to the offer is devoid of effect, unless it constitutes a new offer.

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Article 1119 of the French Civil Code

Terms and conditions invoked by one party shall only have effect in relation to the other if they have been brought to the knowledge of the latter and accepted by it. In the event of any inconsistency between terms and conditions invoked by either party, the inconsistent clauses shall have no effect. In the event of a discrepancy between general conditions and special conditions, the latter shall prevail over the…

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Article 1122 of the French Civil Code

The law or the contract may provide for a cooling-off period, which is the period before the expiry of which the recipient of the offer may not express his acceptance, or a withdrawal period, which is the period before the expiry of which the recipient may withdraw his consent.

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Article 1123 of the French Civil Code

A preference pact is a contract by which a party undertakes to offer its beneficiary priority to deal with it in the event that it decides to enter into a contract. When a contract is entered into with a third party in breach of a preference pact, the beneficiary may obtain compensation for the loss suffered. Where the third party was aware of the existence of the pact and the…

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Article 1124 of the French Civil Code

The unilateral promise is the contract by which one party, the promisor, grants to the other, the beneficiary, the right to opt for the conclusion of a contract whose essential elements are determined, and for the formation of which only the consent of the beneficiary is lacking. Revocation of the promise during the time allowed to the beneficiary to opt does not prevent the formation of the promised contract. A…

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