Business Law Study Guide
AB1301 Business Law
2012/13 Semester 1
TABLE OF CONTENTS
CHAPTER 3: OFFER AND ACCEPTANCE ........................................................................................... 1 3.1 Offer ........................................................................................................................................... 2 3.2 Acceptance ................................................................................................................................ 3 3.1 Electronic Transactions Act ..................................................................................................... 4 CHAPTER 4: CONSIDERATION & INTENTION ................................................................................. 5 4.1 Definition ................................................................................................................................... 5 4.2 Types of consideration............................................................................................................. 5 4.3 Rules on consideration ............................................................................................................ 5 4.4 Sufficiency of Consideration ................................................................................................... 6 4.5 Promisory Estoppel .................................................................................................................. 7 4.6 Social Agreements and Business Agreements ...................................................................... 7 4.7 Privity of contract ..................................................................................................................... 7 CHAPTER 5: TERMS ............................................................................................................................ 8 5.1 Representation and Terms ...................................................................................................... 8 5.2 Express
2012/13 Semester 1
TABLE OF CONTENTS
CHAPTER 3: OFFER AND ACCEPTANCE ........................................................................................... 1 3.1 Offer ........................................................................................................................................... 2 3.2 Acceptance ................................................................................................................................ 3 3.1 Electronic Transactions Act ..................................................................................................... 4 CHAPTER 4: CONSIDERATION & INTENTION ................................................................................. 5 4.1 Definition ................................................................................................................................... 5 4.2 Types of consideration............................................................................................................. 5 4.3 Rules on consideration ............................................................................................................ 5 4.4 Sufficiency of Consideration ................................................................................................... 6 4.5 Promisory Estoppel .................................................................................................................. 7 4.6 Social Agreements and Business Agreements ...................................................................... 7 4.7 Privity of contract ..................................................................................................................... 7 CHAPTER 5: TERMS ............................................................................................................................ 8 5.1 Representation and Terms ...................................................................................................... 8 5.2 Express