Commercial Law Assignment: Breach of Contract
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Added on 2020-05-28
Commercial Law Assignment: Breach of Contract
Added on 2020-05-28
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Running head: COMMERCIAL LAWLaw of Contract and Land lawName of the student:Name of the university:Author note
1COMMERCIAL LAWTable of ContentsAnswer to part A........................................................................................................................21. Issue:...................................................................................................................................2Rules:......................................................................................................................................2Application:............................................................................................................................3Conclusion:.............................................................................................................................32. Issue:...................................................................................................................................3Rules:......................................................................................................................................3Application:............................................................................................................................4Conclusion:.............................................................................................................................5Answer to part B........................................................................................................................5Issue:.......................................................................................................................................5Rule:.......................................................................................................................................5Application:............................................................................................................................7Conclusion:.............................................................................................................................7Reference:..................................................................................................................................8
2COMMERCIAL LAWAnswer to part A1. Issue:The primary issue of the problem is whether Ian can ask for any claim for breachof contract against Ben or not. Rules:To determine the issue, it is required to come into a conclusion whether there isany contract made in between Ben and Ian or not. The principle of contract is based on thedoctrine of offer and acceptance. A contract can be formed when an offer has been made by aparty and the same has been accepted by the other1. However, both the offer and acceptancehave certain elements that established the legality of the terms. The essentials of offer hasbeen prescribed in AGC (Advances) Ltd v McWhirter2, where the court has stated that thecondition of the offer should be legal and there should a specific time for accepting the offerbe mentioned. However, the validity of the offer lapses in case of revocation or rejection. Therejection can either made expressly or impliedly. In Byrne v Van Tienhoven3, it has beenheld that an offer comes to an end immediately if the person to whom offer has been madedenied accepting it. There are certain medium to accept an offer and postal rule is one of them. It hasbeen stated in Adams v Lindsell4that if a person accepts an offer through mail or by post, itcan be regarded as valid acceptance. However, such acceptance should come into the noticeof the other person. 1Bayern, S. (2016). Offer and Acceptance in Modern Contract Law.California Law Review,103.2AGC (Advances) Ltd v McWhirter (1977) 1 BLR 94543Byrne v Van Tienhoven (1880) LR 5 CPD 3444Adams v Lindsell (1818) 1 B & Ald 681
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