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.
Nobody downloaded yet

Contract Law Bachelor - Essay Example

Comments (0) Cite this document
Summary to essay on topic "Contract Law Bachelor Essay"
A contract is an agreement between two or more persons which is interested to create legally binding obligations. For this case, there was already a contract that had been made between Graham and Steve. Graham called Steve enquiring whether he could supply him with Yorkshire sand by 3rd January but he expressed that he could only supply him with the sand by January 12 due to Christmas holiday…
Download full paper
Polish This Essay
Contract Law Bachelor Essay
Read TextPreview

Extract of essay "Contract Law Bachelor Essay"

Download file "Contract Law Bachelor Essay" to see previous pages... Graham wanted to be supplied with Yorkshire stone by Steve. He entered into an agreement with Steve to be supplied 20 tones of Yorkshire stone. 2
On the other hand, the contract had fulfilled an element of a valid contract of an offer and acceptance. In order for a contract to be an enforceable contract,
Let us write or edit the essay on your topic "Contract Law Bachelor Essay" with a personal 20% discount.. Try it now
certain basic requirements must be present. There must be an agreement based upon genuine consent of the parties supported by a consideration and made for a lawful object between competent parties. Graham requested Steve to supply him with 20 tonnes of Yorkshire stone which he accepted to deliver to him by 12th January. Graham accepted Steve's delivery through a fax which he wrote on 5th December.
In order for a contract to be binding, the acceptance must be communicated and mere mental intention to accept it is not sufficient. Acceptance once made cannot be revoked. An offer may be revoked by an express notice before it is accepted. But acceptance can not be revoked in under any circumstance. The moment a contract is concluded, it does not matter whether the acceptance is by word of mouth or in writing or even sent by post.
The acceptance is considered complete immediately the letter of acceptance is posted, even if it is lost or destroyed in the post so that it never arrived. As long as the offeree can prove that he posted the letter of acceptance, the court will enforce the contract.
However, there is an exception to the communication of acceptance. That the rule that the acceptance made by post, telegram or cable takes effect from the moment of posting is an exception to the general rule, that a contract is complete only when acceptance is actually communicated to the offeror. But a contract made by telephone is complete when the acceptance is heard by the offeror. For this case, the acceptance to purchase Yorkshire stones from Steve took effect when the fax arrived at Steve's premises. There is no way Graham can revoke this contract since it is already binding.
The contract between Graham and Steve had fulfilled another element of a valid contract that there must be a consideration. Though consideration is required in every single contract, it needs to be adequate as long as it has some economic value. Even an act or omission of small value can be consideration, but a mere sentimental motive for making the promise will not make it binding. For this case, in the contract between Graham and Steve, there was already an executory consideration to supply Yorkshire stones by Steve to Graham on January 12th. 4
Graham should not revoke the contract since it became binding immediately he sent an acceptance letter to Steve through the fax. For this case, he should fulfil his obligation otherwise he might be required to pay damage for breach of contract. It is immaterial that he got another supplier who could supply him Yorkshire sand by 3rd of January at a cheaper ...Download file "Contract Law Bachelor Essay" to see next pagesRead More
Cite this document "Contract Law Bachelor Essay"
  • APA
  • MLA
  • CHICAGO
(“Contract Law Bachelor Essay Example | Topics and Well Written Essays - 750 words”, n.d.)
Contract Law Bachelor Essay Example | Topics and Well Written Essays - 750 words. Retrieved from https://studentshare.org/miscellaneous/1507847-contract-law-bachelor-essay
(Contract Law Bachelor Essay Example | Topics and Well Written Essays - 750 Words)
Contract Law Bachelor Essay Example | Topics and Well Written Essays - 750 Words. https://studentshare.org/miscellaneous/1507847-contract-law-bachelor-essay.
“Contract Law Bachelor Essay Example | Topics and Well Written Essays - 750 Words”, n.d. https://studentshare.org/miscellaneous/1507847-contract-law-bachelor-essay.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document
CHECK THESE SAMPLES - THEY ALSO FIT YOUR TOPIC "Contract Law Bachelor Essay"
Contract Law

The author states that Patrick Atiyah’s book, Introduction to the Law of Contract, has been imperative in the spread of Contract law and thus enabling people understand the various concepts in the law and the rubrics for its effective running. Britain is one country that has embraced contract law with a lot of passion. 

8 Pages(2000 words)Essay
Criminal Law Bachelor Essay
(Schmalleger, 2001, p. 143) Human beings are fundamentally rational, and most human behavior is the result of free will coupled with rational choice. However the rational choice is dependant upon 'pain' and 'pleasure', the two characteristics of human sociology.
4 Pages(1000 words)Essay
Law Bachelor Essay
2005, p. 41) "If an offeror imposes some limit on the supply, such as "one per customer" or "until stocks run out", the words may be intended as an offer to fill all orders received subject only to that limitation. In such cases the statement may be an offer and not just invitations to treat."-- Stephen Graw 50
15 Pages(3750 words)Essay
Land Law Bachelor Essay
With the passing of time, certain shortfalls may come to light. Dissatisfactions can arise because certain information was not disclosed by the previous owner deliberately or unintentionally. Hence, it is necessary to acquaint oneself with every detail about the property about to be purchased.
6 Pages(1500 words)Essay
Commercial Law Bachelor Essay
This warranty will not apply to encumbrance is declared to the buyer when the contract is made or he has notice of it. The facilities were part of what Dotty bought and he should she vendor for breach of warranty by the seller or the buyer erect or if compelled to treat any breach of condition as a breach of warranty, and Dotty will maintain an action against the seller for the breach of warranty.
8 Pages(2000 words)Essay
Property Law Bachelor Essay
2. Don often promised Gill that she would inherit all his property after his death, and he reiterated his statement before his death. After some time Don became sick and started living with Gill and Bob. Both Gill and Bob cared him during his old age. Don made a will much earlier to his promise, leaving all his property to charity.
8 Pages(2000 words)Essay
Family Law Bachelor Essay
He has created fear in Caroline's mind that he may still be in the vicinity and may be stalking her, thus causing further mental agony to her. It has been necessary to seek the Court's intervention to circumvent the possibility of future psychic or violent acts on Caroline's person.
3 Pages(750 words)Essay
Edit Scholarship Essay
desire to seek this scholarship is motivated by my academic and career goals, leadership skills and community involvement, job experience and future goals, and is underpinned by my financial needs. Due to these reasons I strongly believe I am the best candidate for the
1 Pages(250 words)Essay
Contract law
An offer is a statement made by a party over a subject matter and with terms and willingness be legally bound to the statement should the other party accept it. Acceptance exist when a party to whom the offer is
1 Pages(250 words)Essay
Let us find you another Essay on topic Contract Law Bachelor Essay for FREE!
Contact us:
+16312120006
Contact Us Now
FREE Mobile Apps:
  • About StudentShare
  • Testimonials
  • FAQ
  • Blog
  • Free Essays
  • New Essays
  • Essays
  • The Newest Essay Topics
  • Index samples by all dates
Join us:
Contact Us