Business Law: Contract Formation and Indoor Management Rule

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Business law

Part A, option 1:
issues:
 The main matters of dispute involved in the
present case study are that whether:
 SOO burgers are required to give Mickey the CX-
9s model car,
 SOO burgers are required to give Brett the CX-9s
model car.

Relevant rules of law:
 The contract can be denoted as the agreement
which can be validly as well as legally enforced in
the court of law between two or more individuals or
persons who can be referred as the parties of such
contract.
 In order to complete an agreement, lot of
negotiations occur among the parties and until and
unless, the parties are satisfied with the negotiations
among them, no agreement can result. The method
used to reach such starts from an offer given by one
part called the offeror to the other called the offeree
who does the acceptance of the offer made to him.

Relevant rules of law
(Contd.):
 The offer generally consists of an indication showing the intention of
the offeror to contract on certain terms. In response if the offeree
shows his eagerness to agree on those terms, this forms the
acceptance of the offer. In the case of
Ermogenous v Greek
Orthodox Community of SA Inc (2002) 209 CLR 95, it was decided
that the agreement can be considered to be a contract.
 However, offer must be distinguished from the invitation to offer.
Advertisements showing services or goods cannot be considered to
be offers. It was entrenched in
Partridge v Crittenden [1968] 2 All ER
421 where it was decided that advertisement is not an offer.
Similarly goods displayed in shops are invitations to treat or offer
and not offers as in
Pharmaceutical Society of Great Britain v Boots
Cash Chemists (Southern) Ltd [1953] 1 QB 401. In the invitation to
treat or offer, the invitation is made to any particular party but to
public at large. Moreover, an offer results from the acceptance of an
invitation whereas an agreement results when offer is accepted.