internet advertisement? c) Provide an analysis of the impact of the requirements for a valid contract in the situation above. One factor that indicates that the offer has not been accepted is the existence of a counter offer. The principle of acceptance is that the offer must be accepted on the same terms it was made. Mr Wrench offered to sell some property to Mr Hyde for £1‚000 on the 6 June. Two days later Mr Hyde made a new offer to buy the property at a lower price for £950. This was a
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27. The posting rule applies only to acceptance. Other contractual letters (such as one revoking the offer) do not take effect until the letter is delivered‚ as in Stevenson‚ Jacques & Co v McLean (1880) 5 QBD 346. The implication of this is that it is possible for a letter of acceptance to be posted after a letter of revocation of the offer has been posted but before it is delivered‚ and acceptance will be complete at the time that the letter of acceptance was posted—the offeror’s revocation would
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Bill? • Invitation to offer in general • Acceptance in terms of offer • Meeting of minds 2.Andy vs. Ciara Significant issues which needs to be considered are as follows :- • Query for more information • Acceptance of the offer 3. Andy vs. Denis • Validity of the contract • Acceptance needs to be communicated. Rules and Application Andy vs. Bill 1) Invitation to offer in general – The argument here to be discuss is whether there is a valid offer and acceptance to satisfy the conditions of a lawful
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SGEDT 5. RB Rembau Station of SGEDT 6. TA Tampin Station of SGEDT 7. BL Batang Melaka Station of SGEDT 8. GE Gemas Station of SGEDT 9. SAT2 Site Acceptance Test 2 for ILTIS data 10. SAT3 Site Acceptance Test 3 for ILTIS data 11. SAT4 Site Acceptance Test 4 for ILTIS data References Serial Number Document Name Document Number 1. ILTIS Symbol Catalogue G000.SS.42400.E.0005 Issue B.E. 2. LOCAL PANEL SYMBOL COMPARISON
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BUSINESS LAW ESSAY PLAN ➢ Acceptance must be communicated to be effective. ➢ Where the parties contemplate acceptance by mail‚ acceptance will be complete as soon as the letter is properly posted. Postal rule definition ➢ Actual communication versus constructive communication ➢ Actual acceptance (real) versus constructive acceptance (postal rule) (Graw p.89) ➢ Contract is an agreement which the law enforces. ➢ Contract law is the basis of business law ➢ Two main sources:
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then address your answer by asking for example “Whether silence constitutes an acceptance or not?” 2. LAWS Then you have to think the most relevant areas of law‚ which are applicable to your question. For example if your legal issues deal with mode of acceptance‚ please discuss the topic relevant to your question and not something else. If you were to discuss about condition of a valid acceptance which is clearly out of topic‚ you will be wasting your precious limited time
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free from encumbrances) * It must be known and specific by address‚ description or specification e. Contract (offer and acceptance) 2 necessary conditions: i. A pledge becomes a concluded contract by the offer and the acceptance of the pledgor and pledge. The offer and acceptance must be absolute and in definite and decisive language. ii. The acceptance must agree with the offer. Other features relating to the pledged property are as follows: 1. One pledge may be exchanged
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offer‚ acceptance‚ consideration and intention to create legal relations. Homer enquired about the price of corn grains from KK‚ whom quoted $0.50/kg. This is a provision of information for information regarding price of the corn grains if KK intended to sell. Also‚ KK’s response had no intention to get into an agreement upon providing the information hence statement is not an offer: Harvey V Facey - Therefore‚ when Homer mentioned “sounds like a
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offer and acceptance‚ a valid offer has been made through an advertisement. In order for an offer to be accepted‚ the party must entirely accept the offer. The rules governing acceptance has to be positive not passive. Silence does not forms acceptance. The general rule of acceptance is that the acceptance must be received by the offeror‚ otherwise it has no effect. An offer made to a particular person can be rightfully accepted by him alone and in order to avoid complications‚ acceptance is to be
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for the creation of a contract. 1 Offer and acceptance This chapter discusses: ● the formation of a contract by one party making an offer which is accepted by another party; ● the distinction between unilateral and bilateral contracts; ● the distinction between an offer and an invitation to treat; ● how long an offer lasts; ● what amounts to a valid acceptance; and ● the requirement that an acceptance must be communicated along with the postal rule exception
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