Legal Business Law: Contract Law, Australian Consumer Law, and Promissory Estoppels

Running head: LEGAL BUSINESS LAW
QUESTION & ANSWER
Name of the student:
Name of the university:
Author note

1
BUSINESS LAW
Table of Contents
PART 1.......................................................................................................................................2
QUESTION ONE (a).................................................................................................................2
Issue:.......................................................................................................................................2
Rule:.......................................................................................................................................2
Application:............................................................................................................................3
Conclusion:.............................................................................................................................3
QUESTION ONE (b).................................................................................................................3
Issue:.......................................................................................................................................3
Rule:.......................................................................................................................................3
Application:............................................................................................................................4
Conclusion:.............................................................................................................................5
QUESTION 2.............................................................................................................................5
Issue:.......................................................................................................................................5
Rule:.......................................................................................................................................5
Application:............................................................................................................................6
Conclusion:.............................................................................................................................6
Reference:..................................................................................................................................6

2
BUSINESS LAW
PART 1
QUESTION ONE (a)
Issue:
The main issue of the case is to determine whether Ronald has claimed his rights against
Paula under the common law of contract or not.
Rule:
The min subject matter of the case is based on certain principle of the contract law. Contract
is a legal agreement where certain terms and conditions are included and the parties are bind
by the terms. According to the general rules of contract, if a party has entered into a contract
by misrepresenting any facts and obtaining the signature of the other party; the affected party
can bring an action against the alleged party. Further, the verbal statements have certain
importance where the validity of the written agreement based on those statements. This
principle has been established in De Lasalle v Guildford. This rule is known parole evidence
rule. It has further been made in the Van Den Esschert v Chappell that an oral agreement is
also form part of a written agreement in case the main intention of the contract has been laid
in the oral agreement and the same has not been mentioned in the written contract. In Oscar
Chess v William [1957] 1 WLR 370, it has been mentioned by the court that when in a
contract, a representee has made false statement regarding a thing and the buyer has bought
the thing innocently, the statement of the representee will be known as representation. In case
of any false statement, the affected party can make action for false statements. Apart from
this, where the terms of the contract are unfair and any party take undue advantage from the
contract, the nature of the contract will be suffer from unconscionableness and the affected
party can the contract.