Abstract: Contract is an agreement enforceable by law. An agreement consists of two important things, offer and acceptance. Offer and Acceptance is a conventional approach in contract law which is used to decide when an agreement exists between two parties. In order to form a contract, there must be an offer by one person to another and an acceptance of that offer by the person to whom is made. Acceptance in order to be legally binding, it is appropriate to fulfill three main rules. To start…
Sally’s call is an invitation to treat as in British Car Auctions v Wright. The car in the case had not been offered for sale and there was only an invitation to treat; so is Sally’s phone call. He invites Ron to answer the questionnaire but if Ron declines the invitation there are no consequences as he is not contractually bound by the call. The issue raised by the question is whether Sally’s call constitutes an offer. If it does, Ron’s answer of the question is an acceptance of the offer,…
This essay seeks to discuss the Doctrine of Promissory Estoppel and the Doctrine of Consideration, as well as a clear analysis, with the use of case law, how Promissory Estoppel has become an exception to the general principle that a promise may only be enforced if it is supported by good consideration; it will ultimately conclude whether or not a promise to accept a smaller sum in discharge of a larger sum, if acted upon, is binding notwithstanding the absence of consideration. A contract is a…
The given question has dealt with the area of private express trusts under which one must consider whether the question represent the constitution and three certainties. In order to consider the given issue as a private trust we must first consider whether it fulfills the requirements of creating a trust. Which can be acquired by considering various requirements such as capacity, formality, legality and public policy etc. When considering what is the impact of equity ; general…
: Does a contract exist between Johnny and Marie? Law: In accordance with the general principles of contract law, a contract is a legally enforceable agreement between two or more people. For a contract to establish, there must be a/an: • Agreement between the parties. - One person (offeror) makes an offer. - The other person (offeree) accepts offer. - Offeree communicates acceptance to the offeror. • Intention of forming legal relations between the parties. - an…
In advising Valerie and Una, the validity of Susan’s will shall first be looked at. It is submitted that Susan’s bequests involve the principles of secret trust which will also be discussed in this submission. Valerie will be advised on two issues: first is the validity of the bequest she is to hold on trust for Richard; second is whether Valerie will be entitled to the gift of £5,000 contained in a later codicil of the will. On the other hand, Una will want to know if she is bound to hold the…
SECOND GREAT AWAKING CAMP MEETINGS The Second Great Awakening started around the end of the eighteenth century in New England. In the beginning, the awakening was only noticed by diligence in the lives of Christians and their complete devotion to God. It would later be known for the great emotional experience felt by those who attended and participated. "Many spoke of having had an experience of conversion. The awakening made headway among some of the most distinguished theologians of New…
2.1. What impact does employment law, company law and contract law has upon the business Employment Law governs the employer-employee relationship, consisting individual employment contracts and also the application of TORT and contract principles, and a large group of statutory regulation on issues such as the right to organize and negotiate bargaining agreements, protection from discrimination, wages and health and safety. Corporate law applies to the rights, relations and conduct of persons…
The following is confidential settlement communications. As we have discussed in the past, we disagree whether the right-to-repair act applies to this matter. Further, even if it does apply, we disagree whether or not Jeremy failed to comply with the requirements by not responding to the notice of claim my client sent in the method of delivery requested by your client. So you can provide an offer to repair but for the purposes of the mediation we will not be treating it like an offer under SB…
1. Generally, contracts do not have to be written down to be legally binding. Most of the everyday contracts we make, such as buying a ticket for a movie or going to the doctor, are not put in writing, but they are still legally binding. There is no need for a written agreement, because everyone understands what their obligations are. An oral contract is just as legal and binding as a written one, although sometimes it can be harder to prove exactly what was agreed. It may be advisable to put a…