This case study delves into the intricacies of business law, focusing on the landmark case of Gibson v Manchester City Council. The case revolves around the council's policy of selling council houses to tenants and the dispute that arose when a new council administration reversed the policy. The analysis covers key aspects of contract law, including the formation of a valid contract, the distinction between an offer and an invitation to treat, and the conditions under which a contract can be terminated or becomes unenforceable. The House of Lords' ruling, emphasizing the absence of a firm offer and the presence of an invitation to treat, is discussed in detail. The document concludes by summarizing the importance of business laws in establishing effective business organizations and highlighting the significance of contract law in commercial activities. Desklib provides access to similar solved assignments and study resources for students.