Nobody downloaded yet

Law of Contract - Essay Example

Comments (0) Cite this document
LAW OF CONTRACT By Name Instructor Class Institution: Mr. Pete is bound by a contract to fulfill what he has written out in his business website. For this has led to his customers (Stuart, Lyn and Richard) acting accordingly to buy tickets. By definition under the law, a contract is an agreement or a promise which is legally binding or enforceable by law…
Download full paperFile format: .doc, available for editing
GRAB THE BEST PAPER94.1% of users find it useful
Law of Contract
Read TextPreview

Extract of sample "Law of Contract"

Download file to see previous pages In all this, the intention of enforcing agreements through contracts is to boost commercial relations, since commerce generally involves individuals or personal interaction; and the obligation imposed by a contract is, in general, created by the parties themselves. This makes one accountable for his/her promises, and ensures that they deliver such promise within the ambit of law (Richards, 2007). As it stands, Pete on putting on his website that it is “The shop that never sleeps” is intended to create the picture of an operating system whereby all customers’ needs are acted on promptly with zeal. In the face of law, this will not be taken to be a twenty four hour business, but within the working hours, it operates with an efficiency that will guarantee customers satisfaction. Any service below this mark can prompt the customer to seek legal action (Stone, 2009). On the same note, Pete put on his website that he has four tickets for Dob Bylan concert at a total price of €100 for each ticket. He goes further to say that the tickets will be sold to the first person placing an order with him. This amounts to an offer, to anyone who has €100 per ticket to buy. It puts Mr. ...
The person making the offer in this case is known as the offeror whereas the one who has been addressed to is called offeree. Mr. Pete has made an express offer since he has specifically made his intentions known to the offeree(s) through writing (MacLntyre, 2010). An offer is very different from an invitation to treat. An invitation to treat can be termed as a mere invitation to make an offer and no contract can result from it alone. A good example is afforded by the display of goods in a shop or supermarket. From all the decided case so far, the display of goods only amounts to invitation treat, not an offer. The offer is made at the point whereby the prospective buyer approaches the shop attendant or cashier, by picking up the goods and expressing the desire to buy those (Stone, 2009). Here, is a case to explain this: Pharmaceutical Society of Great Britain V. Boots (1953). The defendant has self service store in which certain listed drugs were displayed on shelves. It was illegal to sell such drugs unless the sale was under the supervision of a registered pharmacist. A customer selected some of those drugs from the shelves. The defendants had placed a registered pharmacist on duty at the cash desk near the exit, not at the shelves. The defendants were charged with the offence of listing drugs without supervision of a registered pharmacist. It was held that if the sale took place where the customer picked up the drugs, from the shelves, the defendants would be liable, but if the sale took place at the cash desk where the pharmacist was located, then the pharmacist would be liable (Richards, 2007). To Pete’s side the contract is executed on his part, since he has brought forward ...Download file to see next pagesRead More
Cite this document
  • APA
  • MLA
(“Law of Contract Essay Example | Topics and Well Written Essays - 1500 words”, n.d.)
Retrieved from
(Law of Contract Essay Example | Topics and Well Written Essays - 1500 Words)
“Law of Contract Essay Example | Topics and Well Written Essays - 1500 Words”, n.d.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document


Law Of Contract

...Law Of Contract Introduction A contract is an agreement between two parties in which each party exchanges consideration in return for consideration from the other party1. Since Australian Law is in sync with English Law, a contract can only be valid if each of the two party gives a thing of value and also receives a thing of value through the agreement2. Terms Basically, a contract begins with an offer by one party to deliver a consideration to another party. When the offer is accepted and there is a consensus, a contract is established. The consensus of a contract is based on the terms...
8 Pages(2000 words)Essay

Law of contract

...? Law of Contract [Sur Introduction Business in the modern world has become complicated. There are very many procedures and formalities involved in it. Unlike the olden day’s modern day business require a lot of attention and commitment, due to the high rate of competition among different industries1. Because of this, contracts have become a major part of every business. They are simply inevitable as people have to make sure that their businesses will achieve their set goals and objectives2. Business people hence use contracts whenever they are involving another party into their businesses, and whenever they enter into any business deal, so that they can be sure that they...
11 Pages(2750 words)Essay

Law of Contract

...?Law of Contract Task Part A Computerland dispatches the ‘Avocado’ computers but, before the computers arrive, the telephones to say that it no longer wants them. Let us analyse the facts before going into the arguments for our client Cwmfelin University. Computerland contacted Cwmfelin University on the 1st of September, informing them about the availability of Avocado machines at 220 Pounds each. This message is an invitation to the Cwmfelin University for the acceptance of an offer. The offer attached to the invitation proposed every Avocado machine to the Cwmfelin University at the rate of 220 Pounds. In the understanding of contract law, an ‘invitation to offer’ is...
9 Pages(2250 words)Coursework

Law of contract

... a) Under the English Law, a contract is an agreement which actually gives rise to certain rights and obligations when two parties enter into an agreement or a contract. It is critical to note that a written deed is often required in order to make an agreement however; it is not a strict requirement under the law as the verbal agreements can also become contracts under the law. (Stone). It is also important to note that there are certain requirements under which a contract can be enforceable at law. Three most important conditions under which the overall legality of a contract is judged are: 1. Offer 2. Acceptance 3. Consideration Considering the above three essential conditions, Natalie has made an offer to purchase the 40 boxes... of...
4 Pages(1000 words)Essay

Law of Contract II

...?Law of Contract The Complete Builders Ltd (CBL) forms three independent contracts with MacroHard Computers (MC), Ricky and George. Ricky Introduction This problem deals with a claim for breach of contract, and the legal principles dealing with a claim for breach of contract and in particular relating to misrepresentation. Issues In order to advise Ricky regarding his rights against the CBL company, the issues to be addressed are; Whether the statements made by Lawretta, during negotiations, constitute misrepresentation under the provisions of the contract law. Whether there is a breach of contract by CBL, under the provisions of contract law. Whether CBL can claim for breach of contract against Ricky for non – payment of money... for the...
8 Pages(2000 words)Essay

Law of Contract

...? Law of contract al Affiliation: Introduction A contract refers to an agreement that has a lawful object entered into through voluntary means by a party or more than two for that matter. In this case, the parties involve usually intend to create some legal requirements between them. In a contract there are normally four elements which are: Offer: This is an expression by the individual giving the offer, showing the will to abide by the set terms and conditions, with the objective that if the offer is acknowledged he or she will be bound to the contract. Acceptance: This refers to an expression of unconditional agreement that all the...
10 Pages(2500 words)Essay

The Law of Contract

...GENERAL PRINCIPLES OF LAW/ THE LAW OF CONTRACT (A) "The courts are not easily convinced that a given change of circumstances is of sufficient gravity to frustrate a contract". Discuss. Frustration of contract can be defined as a prevention from continuation of a contract when the employee who is employed under the contract becomes unable to perform the work for which he was employed due to reasons beyond control by both parties (employer and employee). When the employee is no longer able to engage in any further employment and that makes it impossible for a contract to be performed further, the said contract of employment is said to be frustrated and comes to an end. The doctrine... ...
11 Pages(2750 words)Essay

Law of Contract

...In the case between Vanessa and Arnold, Vanessa entered into a contract of sale with Arnold to buy “Fitness Fortress” (hereinafter ‘FF a leisure centre, which Arnold described in an advertisement as “Probably the best fitness emporium in London”. During the course of their negotiations, however, Arnold failed to disclose certain facts regarding the conditions of FF’s facilities. First, when telephoned by Vanessa, he neglected to mention that out of the 100 rowing machines in FF, 20 of them require urgent repairs. Second, when examined by Joanne, Vanessa’s business advisor and representative, Arnold hid the fact that the wood panelling in FF’s sauna facilities are rough, unpleasant to the touch, and require repairs, such...
6 Pages(1500 words)Essay

Law of Contract

...Law of Contract The question raises the following legal issues; offer and acceptance, Misrepresentation, Rescission, and Remedies. Stone, R.(2005) defines an offer as;” indication by one person that he or she is prepared to contract with one or more others, on certain terms, which are fixed, or capable of being fixed, at the time the offer is made.” As soon as the offeree accepts the offer with all the terms contained in the offer, a contract takes effect. It should be noted that it is common for one party to make statements during the course of negotiations for a contract with the object and perhaps the effect of inducing the other party to enter into a contract. Where a contract of sale has been reduced to writing, assurances... which...
5 Pages(1250 words)Essay

English Law of Contract

...Voidable Contract Contract is a written or spoken agreement between two parties enforceable by law. When the legal agreement is rejected by one partyand said to have any defect, then it is called a voidable contract. A contract can become voidable for many reasons such as a mistake, misrepresentation or fraud, undue influence, incapacity of any one of the contracting parties or breach of contract. The classic case of voidable contract due to claim in misrepresentation in contract negotiation is explained below: Government of Zanzibar v British Aerospace (Lancaster House) Ltd (2000): Misrepresentation Case: This English law case is a perfect example of misrepresentation in a contract. Government of Zanzibar wanted to purchase... , a...
2 Pages(500 words)Essay
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.

Let us find you another Essay on topic Law of Contract for FREE!

Contact Us