Business Law
Part A
Question 1:
Step 1
The issue of law it that for a reasonable contract to be established, whether the element of agreement required for the formation of a contract can be formed in parties.
Step 2
A legally enforceable contract can be organized by three significant parts; there are intention, agreement and consideration. With regards to agreement, it means a discussion of the consensus on critical terms needed for a workable transaction.
Generally, while the parties intended, an agreement is made to be legally bound. There are two main elements for the agreement, Offer and Acceptance. Offer is a highlight indication of the terms upon, like people are prepared to be bound; as well as, acceptance is receiving and agreeing the terms which have offered.
Moreover, an offer is made when people is going to pay money for the item.
In the case of Pharmaceutical Society of Great Britain v Boots Cash Chemists (Southern) Ltd, the Boots Cash Chemists shop was organized on a fundamental of “self-service” which sells drugs and medicines; as well as, those items were showed on shelves and price are marked on each goods. Some dangerous substances are contained in these goods, they have to sold them under the supervision of a registered pharmacist. Consumers are able to pay for the goods which they selected to cashier. However the Pharmaceutical Society of Great Britain alleged that the drugs were being “sold” without the registered pharmacist service (Lambiris 2011, 240).
The issue for that is whether there is an offer between customers and sellers before the consumer take goods to the cashier. The decision is consumer had made an offer to purchase the goods, the cashier would accept the offer.
The acceptance is also being effective when offeree receives the offer. In the case of Henthorn v Fraser, Fraser is going to sell his houses to Henthorn, and give 14 days for him to accept the offer. Henthorn received offer and accepted it. Fraser received that before the
Question 1:
Step 1
The issue of law it that for a reasonable contract to be established, whether the element of agreement required for the formation of a contract can be formed in parties.
Step 2
A legally enforceable contract can be organized by three significant parts; there are intention, agreement and consideration. With regards to agreement, it means a discussion of the consensus on critical terms needed for a workable transaction.
Generally, while the parties intended, an agreement is made to be legally bound. There are two main elements for the agreement, Offer and Acceptance. Offer is a highlight indication of the terms upon, like people are prepared to be bound; as well as, acceptance is receiving and agreeing the terms which have offered.
Moreover, an offer is made when people is going to pay money for the item.
In the case of Pharmaceutical Society of Great Britain v Boots Cash Chemists (Southern) Ltd, the Boots Cash Chemists shop was organized on a fundamental of “self-service” which sells drugs and medicines; as well as, those items were showed on shelves and price are marked on each goods. Some dangerous substances are contained in these goods, they have to sold them under the supervision of a registered pharmacist. Consumers are able to pay for the goods which they selected to cashier. However the Pharmaceutical Society of Great Britain alleged that the drugs were being “sold” without the registered pharmacist service (Lambiris 2011, 240).
The issue for that is whether there is an offer between customers and sellers before the consumer take goods to the cashier. The decision is consumer had made an offer to purchase the goods, the cashier would accept the offer.
The acceptance is also being effective when offeree receives the offer. In the case of Henthorn v Fraser, Fraser is going to sell his houses to Henthorn, and give 14 days for him to accept the offer. Henthorn received offer and accepted it. Fraser received that before the