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

Business Law - Essay Example

Comments (0)
Summary
This reply, although correctly addressed, goes astray in the post and does not reach Angela until 12 May. On I May Angela had posted a letter to Boris stating that she had decided to keep…
Download full paper
GRAB THE BEST PAPER
Business Law
Read TextPreview

Extract of sample
Business Law

Download file to see previous pages... Invitation to treat has been defined as an expression of willingness of a party to enter into negotiations with another with the hope that a contract would be reached at the end of such negotiations. (Fisher v Bell)1.
An offer on the other hand has been defined as an expression of willingness by a party to enter into a contract on stated terms (offeror) and provided that such terms would be accepted by the person to whom the offer is made (offeree) a contract would come into existence(Carlill v Carbolic Smoke Ball Co.)2. An offer should be differentiated from a mere statement of price that is an enquiry as to the price. (Harvey v. Facey)3
In the current scenario it can be seen from the facts that Angela has shown her intent of selling the caravan and stated a price. Even though the term ‘offering’ has been used, it is generally not to be held conclusive and the overall facts of the situation are taken into account when deciding whether an offer or an invitation of treat was present. In the case of Angela it can be seen that she Angela has posted a letter and has stated a price of £2000 for which she would sell the caravan, therefore it can be deduced that an unequivocal willingness on her part was present.
The next issue that would be looked into is acceptance which is defined an unequivocal assent to the terms that has been proposed by the offeror. The acceptance of certain terms and conditions which had been stated by the offeror and which tend to introduce new terms would be treated as counter-offer, that is a new offer comes into existence which can either be rejected or accepted by the person who was originally the offeror (and now becomes the offeree). (Hyde v. Wrench)4.
Acceptance is generally held to be valid only when it has been validly communicated and the offeror comes to know of such acceptance. (illustration of the fact was made by Denning LJ in Entores v Miles Far East Corporation). However, there are a ...Download file to see next pagesRead More
Comments (0)
Click to create a comment or rate a document
CHECK THESE SAMPLES - THEY ALSO FIT YOUR TOPIC
Business Law - land law
Upon requesting Hill Bob to leave the land, Hill Bob stated that he had squatter's rights. "Adverse possession is the taking of title to real estate by possessing it for a certain period of time. Title means ownership of real estate. The person claiming title to real estate by adverse possession must have actual possession of it that is open, notorious, exclusive and adverse to the claims of other persons to the title.
3 Pages(750 words)Case Study
BUSINESS LAW
It can also try either way-cases – cases which can be tried either in the magistrates’ courts or in crown courts. The magistrates are staffed by either lay magistrates or professional district
4 Pages(1000 words)Essay
Business Law
The increase in price is justified obviously because none of the hoteliers, except Brad, object to the price increase. The likelihood of any consumer backing off or refusing to pay the new rates is minimal because Port
2 Pages(500 words)Essay
Business Law
o be considered as the first source of English Law because its decisions and case law conclusions are binding in all courts below it in the hierarchy (Kelley and Holmes, 1997). House of Lords is considered to be the last resort in the UK. Kelley and Holmes (1997) argued that it
4 Pages(1000 words)Essay
Business law
In this case, material facts refer to information, which, if known, would make a difference on the decision made by a party in an agreement (Clarkson, Miller and
1 Pages(250 words)Essay
Business Law
Meztista produced a balance sheet with an indication of the firm’s net worth and a proposed 50 percent proceeds for each partner. While Hylton questioned the validity of the financial
1 Pages(250 words)Essay
Business law
Gharar refers to uncertainty or a perilous condition that is illegal under Islamic law. As a result, no damages can be awarded for breach of a contract in which a party took risks. The law therefore limits damages by the extent of the taken risk
2 Pages(500 words)Essay
Business Law
This is because inclusion of the furniture is not part of the definite terms enlisted in the final contract. The contract also
1 Pages(250 words)Essay
Business law
Upon notification by the waiter, the defendant paid in cash all the accrued debt and later on development of complication from the frustration, sued for damages and compensation. The card was to secure
1 Pages(250 words)Essay
Business law
The court is likely to dismiss Price’s claims because of various legal concepts that invalidate his contract with the parties and even undermine possible claim from their dealings in the drug. A contract is only valid if its
1 Pages(250 words)Essay
Let us find you another Essay on topic Business Law 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