Question 2 (a) Under contract law, this problem is engage with the postal acceptance rule which is a ‘term of common law contracts which determines communication between the parties by mail when a contract has been composed. The basic idea of the rule is to accept offer that is sent before received the revocation of the offer. However, if a communication is sent rejecting the offer, and a later communication is sent accepting the contract, then the first one to be received by the offerer will prevail’
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The first issue in this case is whether Shaggy’s statement that he was willing to buy the display case as it was a family heirloom that got lost and is willing to pay for any price is a valid offer. One of the requirements of a valid offer is that the offer must be clear in meaning. Section 30 of the Contracts Act 1950 also provides that agreements are void if there is uncertainty in the meaning or when the meaning is capable of being made certain. In Ahmed Meah & Anor v Nacodah Merican, the defendant
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whether any person who act upon the required conditions of a contract is legally bounded by this unilateral offer. The significance of the case lies in the establishment of a precedent that an offer of contract can be unilateral and does not have to be made to a specific party. It also established that notification is not necessarily required in the acceptance of offers, and that once an individual meets the required conditions, the contract is activated. Facts The plaintiff is Mrs. Carlill and
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Elements of a Contract Week 3 Assignment Bus: 670 Legal Environment Micah Blount Prof. Jennifer Stephens February 17, 2014 Introduction The goals of a contract are to ascertain the concord that the parties have prepared and to allot their privileges and responsibilities in accordance with that contract. The legal courts should implement a legitimate contract as it is created, unless there are basis that affect its enforcement. It is the purpose of the decree to promote the development
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[Introduction] Naiker wants to purchase a second hand piano and Ahmad posted an offer on Monday 2 June by letter to Naiker but his offer was delayed by postal strike. Upon receiving Ahmad’s offer on Thursday 5 June, Naiker wants to seize the opportunity and wrote back an immediate letter of acceptance to Ahmad on Friday 6 June. However, Naiker’s letter of acceptance was delayed again and only reaches Ahmad on Monday 9 June. In the meantime, when Ahmad did not receive any replies from Naiker and
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B. Acceptance Introduction S 2(b) - when a person to whom the proposal is made signifies his assent thereto, the proposal is said to be accepted, a proposal when accepted becomes a promise. The person accepting the proposal is called the ‘promisee’ or the ‘acceptor’. * A proposal when accepted becomes a promise. * The person accepting the proposal is called the promisee. * When an acceptance of any promise is made in words, the acceptance is said to be expressed. * If the acceptance
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morning. On Saturday tom sold the car for $8,000 in cash. Chris now claims that tom is in breach of contract. Advise Chris of his legal position. 1st Issue Is Tom’s advertisement in the Weekly Motor Sports Magazine an offer or an invitation to treat? * Rule or Law: A preliminary stage in which one party invites the other to make an offer. * Advertisements for a bilateral contract These are the type of advertisements which advertise specified goods at a certain price,
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coursework of Law for Management The issue in the scenario is whether Anna had built a contract with Bella, Carol and Dora based on the Anna’s advisement in the window of newsagent and Bella, Carol and Dora’s different ways of offering to buy the club. It is referred to formation and obligations of contracts. To establish a binding obligation in contract, key component parts of a contract which are offer, acceptance, consideration, intention to build legal relationship and capacity must be proved valid
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RAKHI ASPECTS OF CONTRACT AND NEGLIGENCE FOR BUSINESS 1.1 Issue: Were all the elements of a contract in place between Primark Direct and Presec Presetters? Rule: All the elements of a contract have to be in place for a contract to be valid. There are four essential elements to a contract which are: offer, acceptance, consideration and intention as i will explained below. Offer A person that makes an offer is called the offeror. The person whom the offer made is made to be called
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law of contract A contract intends to formalize an agreement between two or more parties, in relation to a particular subject. Contracts can cover an extremely broad range of matters, including the sale of goods or real property, the terms of employment or of an independent contractor relationship, the settlement of a dispute, and ownership of intellectual property developed as part of a work for hire. Intention to create legal relations | | | plus | | | Agreement | | (i) Offer | |
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