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M1- Analyse the Impact of the Requirements for a Valid Contract in a Given Situation

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Submitted By cyderboy
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Scenario 1 TURF GAREN LTD=TGL
EVESHAM SAFARI PARK=ESP
*=TERM TO NOTIFY THEM WITHIN 7 DAYS
APR 1ST TGL ------OFFER TO SELL FURNITURE*-ESP
APR 5TH TGL ---- SELL PRODUCTS -
APR 5TH TGL ---- WITHDRAW OFFER -ESP APR 7TH
APR 6TH ESP ------ ACCEPTANCE - TGL APR 8TH
Description of Diagram…
APR 1ST TGL offer to sell furniture to ESP for £5000, of which the letter contained a term which was to notify TGL of acceptance within 7days. On APR 5TH sell products to another company, later that day they send a letter revoking the original offer, the letter was received on the APR 7TH . Therefore the offer is open until the 7th. On APR 6TH ESP post a letter accepting the original offer, which was received on the APR 8TH.
TGL state that there is no agreement to sell but ESP threatens to sue, due to breach of contract.

ATG win this case due to the term they put in, demonstrated by the astarix. If the general rule is applied then the offer is accepted on the 6th however the general rule won’t apply and the acceptance is complete on the 8th, the offer too late, and the contract is ‘dead’
Scenario 2
ATG-- Jim Special offer £2000
This is the offer
This is the offer
Jim -go away and think about it ---ATG
ATG-Jim offer to sell for £2000
This is a counter offer
This is a counter offer
Jim -ATG emails back saying yeah for £1950
Description of Diagram …
ATG offer to sell the product as a reduced price of £2000, Jim goes away and thinks about the deal. ATG then send an email to Jim saying they will sell the product to him for £2000, Jim writes back saying yes, if it is £1950.
Jim attempts to accept the original offer, he is responding to an invitation to treat, and not an actual offer. This means that Jim is actually making the

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