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Business Law | Assignment Sample

   

Added on  2021-01-11

7 Pages1551 Words46 Views
Business law
Business Law | Assignment Sample_1
Table of ContentsIssue:................................................................................................................................................5Rules:...............................................................................................................................................5Application:.....................................................................................................................................6Conclusion.......................................................................................................................................7REFERENCES................................................................................................................................94
Business Law | Assignment Sample_2
Issue:Is offer displayed by Lucci’s is invitation to treat or offer?Is there is an acceptance and can Joshua purchase shoes for £90. Is there an intention to create legal relation exist between Joshua and his mother? Can he legally bind his mother to pay the promised amount? Is the Gym 24/7 established a unilateral contract? Is Joshua is eligible for three month of free membership at the Gym.Rules:Invitation to treat:For an offer to be distinguished from an innovation to treat there are certain requirement.The major difference is that an invitation to treat does not lead to creation of binding contractwhere an offer can lead to it.Good displayed in the shops: generally the good displayed on the shops for sales are not offerbut an invitation to treat. The customers make an offer to purchase the good. The seller decideswhether to accept the offer or not (Talaat, 2019). The fact was also established in the case ofFisher v Bell in 1961 where the defended had a knife displayed in the shop window with a pricetag on it. In the law made that it is a criminal offence to offer such product, but held that gooddisplayed in the shops are not offer but mere invitation to treat in technical terms.Promises made under personal relation: The promises made out of personal relation where someone promises to do somethingwithout considering the implication of their promise (Contractual agreement- offer andacceptance, 2018). A promise made in the conversation with on intention to create legal relationis highly unlikely to be enforceable by the law. The personal relation here can be defined aspromises made with parents, children, friends, relatives, a known person etc. A promise made byor to a person under such relation with no legal contract can be enforced in the courts.5
Business Law | Assignment Sample_3

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