Offer and Acceptance Offer and acceptance are elements required for the formation of a legally binding contract‚ the expression of an offer to contract on certain terms by one person (the "offeror") to another person (the "offeree")‚ and an indication by the offeree of its acceptance of those terms. The other elements traditionally required for a legally binding contract are (i) consideration and (ii) an intention to create legal relations. Offer and acceptance analysis is a traditional approach
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Do the courts always rigorously apply the established rules of offer and acceptance governing the formation of contracts? Put bluntly‚ no‚ the courts do not always rigorously apply the established rules of offer and acceptance governing the formation of contracts. Judgments by Lord Denning in Butler Machine Tool Co Ltd v Ex-Cell-O Corporation Ltd (1979) and Gibson v Manchester City Council (1979) have challenged this ‘mirror image’ approach. Nonetheless‚ these are very much exceptions to the general
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has to be distinguished between an advertisement which constitutes an offer or an invitation to treat. An advertisement may be considered an offer if it is clear‚ precise‚ definite and leaves nothing open for negotiation. This was established by Leftkowitz v Great Minneapolis Surplus Store involving a case of the sale of two mink scarves and a stole. The phrase “ £10‚000 for the lot‚ no offers” could be an element of an offer‚ indicating that price is not negotiable. It can also be interpreted
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communication and access to information have become possible. But just how have such advancements affected the state of employment within offices? During this essay I shall discuss just a few of the major technological changes and identify their impact on office employment over the past two decades. I shall then proceed to analyse what effect these changes have had with regards to gender relations within the office workplace. Finally I shall conclude by giving my insight into future technological
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of Postal Acceptance Rule i. ‘Ad infinitum’ Justification Postal rule had existed almost for 200 years and the post had been creating problems for people which the courts are obliged to solve them logically. Why it had been creating so many problems for people and that we will be discussing later on. For now let’s look at the four main justifications for postal rule of acceptance. It came from Treitel and he believes that the four main justifications are for the creation of postal rule. First of
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Technology Acceptance Model Introduction This paper studies the progress of the ‘Technology Acceptance Model’ and then goes on to evaluate it from a philosophy of science viewpoint. Technology Acceptance Model (TAM) was introduced in 1989 by Fred Davis to explain the user adoption or acceptance of Information Systems (IS). Based on Ajzen and Fishbein’s Theory of Reasoned Action‚ which is a psychological theory that explains behavior‚ TAM has its roots in cognitive psychology and assumes that
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Eskom Transmission and lies partly in the users’ acceptance and willingness to use TAMS. Understanding why employees accept or reject information technology is one of the most important issues in information system research. The technology usage and its effective implementation depends upon users‚ having positive attitude towards it. Although the number of registered users of the system has grown recently‚ there is some evidence that TAMS acceptance is faced with problems. This evidence is supported
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Introduction "Many of the impacts of Information Technology are straightforward. But they are not necessarily obvious‚ nor are they trivial" (Jack Nilles‚ Centre for Future Research) The convenience and speed at which trades are being conducted in these modern times‚ courtesy of new technologies‚ are such that; time and distance are being collapsed enabling electronic commerce; free flow of information is highly encouraged; networking and virtual corporations is being turned into reality‚
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Impact of new technology Deciphering Papyri * 1800 carbonized papyrus scrolls in Villa of Papyri * Problem – opening‚ unrolling and reading of fragile papyri * In recent years‚ renewed efforts have become evident to decipher the scrolls * Computer enhancement * Digital imaging used to extract images from scrolls and uncover text that is not visible to human eye. * Pattern image recognition and medical imaging techniques allow the future of deciphering scrolls without unrolling
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of the contracts‚ especially about offer and acceptance. We will analyze the situation to see what laws are applicable and advise Neil. In this case‚ we have three different people: Firstly an offeror‚ a person who makes an offer (in this case‚ Neil) and two offerees‚ the person to whom an offer is made (in this case‚ Theresa and Alex). Neil placed an advert in the “Cats Weekly” magazine‚ which offer a rare female utopian cat for sale £500 or nearest offer. This is an invitation to treat‚ which
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