Contract Law Assignment | Applicable Law Assignment
Added on 2020-05-11
7 Pages2111 Words138 Views
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1Cover SheetName of the studentStudent IDWord count
2ContentsSolution 1....................................................................................................................................................3Issue........................................................................................................................................................3Applicable Law.......................................................................................................................................3Application of Law..................................................................................................................................3Conclusion...............................................................................................................................................4Solution 2....................................................................................................................................................4Issue........................................................................................................................................................4Applicable Law.......................................................................................................................................4Application of law...................................................................................................................................4Conclusion...............................................................................................................................................5Solution 3....................................................................................................................................................5Issue........................................................................................................................................................5Applicable Law.......................................................................................................................................5Application of law...................................................................................................................................6Conclusion...............................................................................................................................................6Reference list...............................................................................................................................................7
3Solution 1IssueWhether Philip has a concluded contract with Techno Ltd or Oris Ltd and, if so, on what terms? Applicable LawIn order to establish a contract it is necessary that there must be a valid agreement (offer plusacceptance) along with consideration with legal intention by parties who are capable to establisha valid contract. (Elawresource, 2017)An offer is the first ingredient to make a contract. A statement or proposal which is made by anofferor through which he desires certain acts or omission by an offeree is an offer (Carlill vCarbolic Smoke Ball Company[1892]). An offer can be made orally or in written form. The offer when confirmed by the offeree without bringing any changes to its terms is anacceptance (Butler Machine Tool Co. v. Ex-Cell-O Corporation, [1979]. Mere enquiry is notvariations in the terms of the offer (Stevenson v McLean (1880)). An acceptance should be madebefore the offer is revoked in order to be effective and binding. Further, an acceptance mustreach the knowledge of the offeror to make it binding in nature (Felthouse v. Bindley (1862).(Duhaime, 2017)When no offer is made, but, a person with the help of auctions, advertisements, tenders etc intendto receive offers then it is an action of invitation to treat. The inviter receives offer from thepublic and when gave his approval then it is an act of acceptance resulting in binding contractamid the parties (Partridge v Crittenden[1968].Application of LawContract with Julie The Techno Ltd through its sales Director, Julie, has quoted a price of the installation ofTechno’s new Accounts production software system to James through an email wherein shesubmits that their company is willing to charge a price of £4,000, to cover all installation costsand appropriate staff training. She further stated that she is willing to hold the price open onlyfor one week and thus request to get back quickly. Thus, the mail that is sent by Julie is an offer. Now, later James calls Techno Ltd and submits that he is willing to accept the offer of £4,000made by Julia. He further submitted that whether the cost could also include on-site training forany new staff he takes on over the next 6 months. Now, it was a mere inquiry and an inquiry isnot an offer. Thus, the acceptance by James is valid.However, the acceptance is only valid provided it comes in the knowledge of Julie. When therevocation was made by James till that time Julie has not listened to the acceptance. So, the revocation by James is valid. So, there is no valid acceptance made by James. Contract with Oris Ltd
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