formed only‚ when the offeree receives communication of the offerors acceptance. An example of the instantaneous principle is when a person receives communication through the phone of the acceptance‚ and now has the knowledge of having the acceptance and thus a contract. If for some reason the phone call drops‚ in the middle of the person confirming their acceptance‚ it is their responsibility to ring back to confirm the acceptance. Without confirming‚ there is no contract. If the current case comes
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Part A (Q1) In the scenario described‚ the area of contract law applicable would be whether the offer and acceptance was put into a legally binding agreement. The offer of rewards given to the clerk from IRAS greatly depends on the usefulness of the information from the clerk to retrieve successfully the total amount of tax evaded by Evander. Firstly‚ to describe the contract‚ an offer is a definite intention by the offeror to enter into a legally binding agreement‚ be it a specific person
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Comlaw 201 Aropa Assignment. Question 1 Offer is an expression of willingness to enter into a legally binding contract on the terms proposed once the offer is accepted. This letter is an offer since the terms proposed are complete and it is communication to the offeree. The letter was definitely sent to Andrew by mistake since the company makes this offer only to their regular customers and to those who have signed long term supply contract. Andrew did not satisfy both these conditions. According
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Step 1 The legal issue is whether the participants have established offer and acceptance for a valid contract. Step 2 All parties involved in an agreement need to complete respective conditions completely in order to be able to bring the agreement to court as judges will only identify the terms for a sufficient agreement. Illusory promise is a promise which none of importance items have been acknowledged. Illusory promises cannot be imposed. In Placer Development Ltd v Commonwealth case‚ Placer
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advertisement online it was in fact a Invitation to treat - This is not an offer. It is a statement made to another person inviting them to make an offer (e.g. goods displayed in a shop window). An invitation to treat cannot be accepted. A person who responds to an invitation to treat is in fact making an offer‚ which the other party can accept or reject. Pharmaceutical Society of GB v Boots Cash B) In the scenario‚ the offer is made by james. The terms stated by james to angie express a willingness
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Tender of Performance | A Brief Analysis | Parijat Mishra | | Roll No. - 1282060 1st Semester‚ BBA LLB (A) Kiit School Of Law‚ Bhubaneswar Acknowledgement I‚ Parijat Mishra of BBA LLB (A)‚ 1st Semester‚ under roll number 1282060‚ am highly grateful to my teachers Mr Puranjoy Ghosh and Ms Jinia Kundu for their untiring help and encouragement during the course of my project titled "Tender Of Performance". I highly acknowledge‚ with deepest sense of gratitude and indebtedness‚ the
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Question 1 In this case‚ A is trying to sell his 1970 MG for $12‚000. K offers $10‚000 and realizes there is a problem with the vehicle. A tells K that he appreciates the offer but others are coming to see the car as well‚ at this point he also says that he is going to get the problem with the car fixed and he will contact K back. K never agreed to anything here. He gives his offer and it was not accepted at the time by A. “To be valid and therefore legally binding‚ 5 conditions must be met. First
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The rule in Pinnel’s case expresses the requirement for consideration in simple contracts. Pinnel’s case applies this rule strictly‚ and states that changing the contract by doing something less than what you were originally required to do‚ cannot amount to new consideration. Generally‚ the rule works sensibly and fairly‚ but there are some situations when it does not. The purpose of this essay is discussing this statement‚ and explain the circumstances in which courts see it as unfair to apply this
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B promises to pay a sum of Rs. 500 to A ‚ there is said to be an agreement between A and B Thus every agreement‚ in its ultimate analysis‚ is the result of a proposal from one side and its acceptance by the other. A promise is a result of an offer (proposal) by one person and its acceptance by the other. For example‚ when A makes a proposal to sell his radio to B for Rs. 500 and B accepts this proposal‚ there results a promise between the two persons. Section 2(b) of the Act defines
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rejected their offer and have proposed a new offer. The type of rejection used by the Nelsons here is called a counteroffer. A counteroffer is a clear refusal of the original offer and a proposal of a new offer. By proposing a counteroffer‚ the Cleavers’ previous offer for $500‚000 with a 10% down payment ($50‚000) due upon acceptance of the Cleavers’ offer is effectively rejected and the new offer made by the Nelsons for $525‚000 with a 15% down payment ($78‚500) due upon acceptance of the Nelsons’
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