Name – Gurpreet Bhatia
ID – ND14414
Task - 1
1.1
Contract – A contract is a written or a verbal agreement between two or more parties that is enforceable by law. The proper way to make an official contract is through legal means.
Example – If two parties are doing any property deal in simple way like both of the parties are ready to sign the written contract without forcing each other is a contract between two parties.
Agreement – Agreement is a written or a verbal contract between two or more parties that is not enforceable by law. An agreement can be done without legal involvement.
1.2
The elements required for a valid contract are given as under.
Offer – An offer is an expression given by one person or group of …show more content…
This is never a legally recorded or officially sealed contract, but breeches are still often ruled on by a judge in court. A simple contract can be entered orally. In a simple contract each party has to provide consideration
Deed – A verb is a tool that details of the legal transfer, business or contract. A deed cannot entered orally it must be in writing. Deeds do not require consideration in order for them to be valid.
Task – 2
2.1
There is no intention to create legal relations because it is an oral saying. So he is not liable for his saying and there is no such legal contract or agreement is present. If he will not come in the bar after 10 minutes or if he failed to buy drinks to students still students can take any legal action on him as what he says was just an oral statement. So basically it was just only a social contract.
2.2
The manager can change that valid offer at the checkout counter because there was absence of acceptance. Manager have not signed any written contract for the valid offer to Anthony and Eileen and not even Anthony and Eileen have signed the acceptance. So that is why manager can change the offer because it is not a valid offer and not even acceptance was …show more content…
He showed his 2009 Mitsubishi Lancer GSR and after doing verbal deal with Able he later on showed him his old car 1989 Toyota Corolla. So there is misrepresentation from Craig’s side so there is no contract.
3.3
There is no contract at all like this. As Able hired a contract killer to break Craig’s legs as he was very much annoyed from him. But it cannot happen because this is totally illegal as this can cause harm to Craig and which is not acceptable by law. So this contract have illegality.
3.4
This contract does not have the correct legal form because this kind of contract is not a proper form of contract as there is no written contract here and verbal contract is not a correct form in NZ. In NZ, verbal contract is not considered as a legal agreement and as we know there is no written agreement signed between Craig and Adam. Because of the absence of written agreement between these two this contract does not have the correct legal form.
Task – 4
4.1(a)
The contract has been discharged with accord and satisfaction because Craig have signed an agreement with House Painters Ltd to paint his house in 4 weeks’ time before he put the house to sell in market and the company have finished their job in that given time frame and according to Craig’s requirements. So this contract is discharged with accord and