LOUTFI v. CZARNIKOW, LTD.

[1953] 2 Lloyd's Rep. 213

COURT OF APPEAL.

Before Lord Justice Singleton, Lord Justice Morris and Mr. Justice Harman.

Contract - Sale of goods - Offer and acceptance - Consensus ad idem - Failure by buyer to open letter of credit complying with sellers' original offer-Reopening of negotiations by buyer - Sellers' further offer stipulating amendment to letter of credit with option to ship smaller quantity - Letter of credit covering full quantity-Authority of sellers' agent to accept - Agent aware that sellers required option to be specified in letter of credit-Non-delivery-Damages-Proof.