statement is only a statement when it holds all four elements these being 1.Offer 2. Acceptance 3.Intention to create legal relations 4. Consideration. Within a contract there are also what are known as clauses which simply express what both parties to the contract have agreed to. An example of a clause would be a car dealer selling his old car and we’d agreed on the price of the car in the process the car dealer says he will fill the car with petrol and I agree to only buy the car as long as there is
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It is first necessary to determine whether the clause has been incorporated as a term of the contract. Regarding to incorporation by signature‚ generally if China signed the contract‚ then they tend to be bound by the terms of the agreement‚ even if they did not read it‚ (L’Estrange v Graucob)‚ where it was stated that the claimant would be bound by all the terms of the agreement because she signed it and the fact that she did not read the terms was irrelevant. Incorporation by notice could also
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contract because John parked his car and paid the parking charge which meant that he entered into the contract and agreed to the terms willingly. This means therefore John is bound by this contract however‚ the exemption clause park at own risk’ will only be effective if it was incorporated into the contract with reasonable notice and before the contract was made and if it was‚ John will accept liability for damage to his property. Exemption clauses are where one party inserts into the contract a
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Contract Formation Before determining the validity of the exemption clause‚ the first issue to be raised is when the contract was formed between Frank and Packer Line. A contract is an agreement entered into by two or more parties‚ keeping within the terms of the contractual agreement. For the contract to be enforceable‚ there must have an offer made‚ which indicates willingness by the offeror to be.......(cite a case that illustrate this)‚ an unqualified acceptance (citation)‚ ........In Baltic
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Business Law David Kelly‚ Ann Holmes‚ Ruth Hayward 5th Ed CHAPTER 6 CONTENTS OF A CONTRACT This chapter will consider what the parties have actually agreed to do. What they have agreed to do form the terms of the contract. 6.1 CONTRACT TERMS AND MERE REPRESENTATIONS As the parties will normally be bound to perform any promise that they have contracted to undertake‚ it is important to decide precisely what promises are included in the contract. Some statements do not form part of
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AB107 Business Law Written Assignment Advise whether the terms of the Licence Agreement apply and whether the Exclusion of Liability clause is valid and effective in protecting UcanB007 from liabilities. [pic] The foremost issue pertaining to this case is that of whether the terms of the License Agreement are part of the contract between Ah Siong and UcanB007‚ and hence the enforceability of the terms should Ah Siong decide to sue UcanB007 in contract for his losses. Due to the nature of this
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CASE TOPIC AREA RESULTING LAW [CASE DETAILS] "Whitely v Chapel " "Interpretation of Statute " "literal rule - words given dict’ meaning [voted under dead person’s name. Cannot impersonate a dead person] " "Re Sigsworth " "Interpretation of Statute " golden rule - above disregarded if absurd/repugnant situation [son due to inherit from his mother after murdering her] "DPP vs Bull / Corkery v Carpenter " "Interpretation of Statute " "mischief rule - interpret for intended effect [law referrign
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Notes Intention – SOCIAL OR DOMESTIC- do not intend to create legal relations. Balfour v Balfour (1912) Categories of rebuttal – The nature of the document (if drafted by solicitor) - Agreement may expressly state legal relations - Surrounding Circumstance may indicate intention Merritt v Merritt (1970) -Significant reliance on promise- consequences are sufficiently serious. Wakeling v Ripley (1951) - COMMERCIAL NATURE- do intend to create legal relations. Edwards v Skyways (1964)
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Part 2 – Contractual Formation A. Offer and Acceptance Pharmaceutical Society of Great Britain v Boots Cash Chemists The display of goods in a shop is only an offer to treat Australian Woollen Mills v Cth The offer must be in exchange for the other party’s consideration (quid pro quo). If it isn’t it is more likely a gratuitous promise Seppelt & Sons v Commissioner The use of the word “offer” is not conclusive Carlill v Carbolic An offer can be made to the whole world. Unilateral offers may require
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Intention: Non-commercial agreements:1.Where the agreement between the parties is of a non-commercial nature‚ it is presumed that the parties do not intend to create legal relations (Balfour v Balfour). Where the agreement between the parties is of a commercial nature‚ it is presumed that the parties do intend to create legal relations(Balfour v Balfour). The presumption in social arrangements is that there is no intention to create legal relations(Edwards v Skyways Ltd)..(Social agreements in friends/acquaintances
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