University Case Study: Business Law, Offer and Acceptance Analysis

This case study analyzes a business law scenario involving offer and acceptance, specifically focusing on a situation where a farm offered a reward for finding a lost horse. The analysis draws parallels with the landmark case of Carlill v Carbolic Smoke Ball Co, highlighting the principles of unilateral contracts and the importance of fulfilling contractual obligations. It examines the legal implications of the farm's actions and the potential remedies available to the individual who fulfilled the offer, including the possibility of legal action to claim the promised reward. The document also provides a brief overview of the legal principles involved in contract law, such as the validity of an offer and the acceptance of an offer. The case study concludes by emphasizing that a breach of contract would lead to penalties or fines and outlines the legal avenues that an individual can pursue in such situations.

[Business law]
Case Study
2020
University
Student Credentials

Case Study 1
Case Study
Offer and Acceptance
This case is a clear example of offer and acceptance, as ABC Farms gave a clear and
open offer for a contract where a person could find their horse in exchange for a of
compensation specified, that is $200. Despite the fact that ABC Farms are going through a
rough financial patch, they need to abide by the contract. Violation or the breach of the same
shall lead to penalties or fines being imposed. John Smith can opt for taking a legal action
against the ABC Farms and take them to court for not abiding with the contract and claim
damages or compensation as well.
As stated in the case, Carlill v Carbolic Smoke Ball Co [1893] 1 QB 256 Court of
Appeal a similar situation took place where a newspaper advertisement talked about paying a
person 100 British pound in reward in case if a person contracts influenza even after using
their product as per the way they had prescribed. Here Carlill, the claimant, purchased these
balls and carried out the process just as it was prescribed. Despite everything, she caught the
flu (Carlill v Carbolic Smoke Ball Co, 1892).
In this case, court held that Carlill was fully entitled for the reward. It was also stated
that in unilateral contracts, acceptance of the offer was not required, as the full performance
here was to be deemed as an acceptance (E Law Resources, 2020). Similarly, in the given
case study, the offer made is valid and John Smith is entitled for the reward. In case ABC
Farms do not comply with the contract, John has the option to take a legal action against that.

Case Study 2
Bibliography
Carlill v Carbolic Smoke Ball Co, 1 QB 256 (English and Wales Court 1892).
E Law Resources. (2020). Carlill v Carbolic Smoke Ball Co [1893] 1 QB 256 Court of
Appeal. Retrieved February 20, 2020, from E Law Resources: http://e-
lawresources.co.uk/Carlill-v-Carbolic-Smoke-Ball-Co.php