Offer And Acceptance Business Law Business Management Assignment

1296 words - 6 pages

ELECTRONIC SUBMISSION OF AN INDIVIDUAL ASSIGNMENT
“BUSINESS SCHOOL COURSEWORK FEEDBACK SHEET”

“Student number”
201408920 “Date
16/05/2017
“Module Title”
Business Law and Ethics
“Assignment Title”
Advise Neil with regard to the law relating to offer and acceptance.
“Module Code”
26359
“Your Word Count”
1041
“Strengths exhibited in the assignment:”
“Click here to enter text.”
“Areas of weakness in the assignment, and ways in which the work could be improved:”
“Click here to enter text.”
“Additional comments:”
“Click here to enter text.”
“First Assessor’s Initials”
“Click here to enter text.” “Date”
“Click here or from” “the dropdown to” “enter a date.” “Indicative” “Mark %”
“Click here to enter” “percentage”
Second Assessor’s Initials (by initialling here the second assessor is confirming they agree with the mark and is also confirming he/she has checked that the feedback references the module’s learning outcomes)
“Click here to enter text.” “Date”
“Click here or from” “the dropdown to” “enter a date.” “(Subject to Module Board Agreement)”
“(Before any penalty applied)”
Advice to Neil on the law relating to
Offer and Acceptance
In order to advise Neil, it is necessary to consider the law relating to offer and acceptance.
Neil offers to sell his care to James for £5000, this is likely to be considered an offer. (Carlill v Carbolic Smoke Ball Company 1893). An offer can be defined as “One of the parties, the offeror, making an offer by proposing a set of terms with the intention that these terms will form a legally binding agreement if they are accepted by the party to whom they are proposed, the offeree (Macintyre, 2012). James’ reply of “I will buy it if I can raise the money” is likely to render the offer incomplete and not binding due to the acceptance contemplating further conditions having to be considered (Chen-Wishart 2010). This statement may be seen as vague due to James not being certain he can raise the funds to buy Neil’s car (Gunthing v Lynn 1831).
Even though Neil made a verbal offer to James, Neil requested way of acceptance by notice of writing by Saturday 7th June. Whilst Neil promised not to sell the car to anyone else before Saturday he is under no legal obligation to uphold his promise as James has not left a deposit of any kind for the car (Routledge v Grant 1828). An offer can be revoked at any time before acceptance.
On the 4th of June Neil decided (after not hearing from James) to advertise his car in the local newspaper. In certain circumstances an advert would most likely be considered as an offer (Carlill v Carbolic Smoke Ball Company 1893). However, in view of the wording within the advert, £5000 or nearest offer, it is more likely to be considered an invitation to treat. (Partridge v Crittenden 1968). An invitation to treat is an expression of willingness to negotiate, when an individual addresses a statement of making an invitation to treat there is no intention to be bound by it as soon as it is accepted (Burrows,...

Other Essays On Offer and Acceptance Business Law - Business Management - Assignment

International business management - Acsenda school of management. International business Management - Assignment

1078 words - 5 pages Introduction to international business management expanded my knowledge about what it is required to successfully manage a business that operates internationally. In the last 11 weeks I have learnt many concepts concerning international business management from the classroom lectures, the textbook and the course contents online but I will summarize my most significant lessons from the course. Based on the overview of international business I

International business management - Acsenda school of management. International business Management - Assignment

1097 words - 5 pages Running head: ANALYSIS OF A CURRENT TOPIC 1 ANALYSIS OF A CURRENT TOPIC 2 Analysis of A Current Topic Emmanuel Ifepe (3156010) Acsenda School of Management Professor: Sylvain Charbonneau BIBM101: Introduction to International Business 6th of June 2018 US slaps tariffs on EU steel and aluminium Before I go into the topic I will talk about some terms on the topic as regards to the course contents briefly. According to chapter 3 of the course

business law contract law cases - accoutning and finance - essay

2316 words - 10 pages Warren (1836) · Hutton planted seeds and put in labour in the last year of his tenancy. He sought for reasonable payment as he would not see the benefits of his work and he was declined even though he argued it was a customary thing to do · He was successful as the custom was by implication imported into the lease. · Business efficacy - the main terms the law will imply into commercial (non-consumer) agreements, that is those "necessary and

Business ethics green and black chocolate - Business - Essay, Assignment

914 words - 4 pages ‘must the consumer always have a product to satisfy every possible desire? This can be lead to the business Corporate Social Responsibility (CSR) where an organizations advantage to consider and take responsibility for the company effects on environmental and social wellbeing. The article focuses on the expanding business of Fair Trade products, when retailers sell Fair Trade products, it is promising consumers that they are involved in helping

Business opportunities within information management - University of Johannessburg - Assignment

2576 words - 11 pages PAGE Using writing techniques Khanya Mangoale 201373025 Information Management 1A Research Report 2 Due date: 22 April 2017 Lecturer: Mr. J Arthur Table of contents Page 1. Introduction 3 2. Business opportunity 3 3. Business Systems thinking 4 4. Architecture planning 5 5. IT Architecture 5 6. Service delivery 8 7. Vendor Development and Contract monitoring 9 8. People 9 9. Relationship building 9 10. Leadership 9 11. Contract

Business Law topic paper on insurance and credit scores - Cedarville/Business Law - Essay

1942 words - 8 pages Zach Von Eiff Professor Hartman Bus Law 1 11/9/17 “How Do Insurance Companies Use Credit Scores” Insurance companies are using certain parts of credit scores to affect the premiums they charge people for auto insurance. Companies started doing this in the 1990’s working with creator of the standard credit score, FICO. It gained a lot of traction quickly and by 2006 almost every major insurer was using it as a part of their rating system. For

E-Business Assignment

4873 words - 20 pages E-Business AssignmentNAME: GONG YUCHENGDATE: 02/2003The Internet and Web provide an infrastructure that enables buyers and sellers to find each other online. Companies are now having new sales channels for their products and services, and numerous electronic markets are available for buying and selling at offer prices or through various auction mechanism.Therefore, e-business could include almost all of the issues facing companies who practice

Business Law Paper about Affirmative Action - Business Law - Term

2225 words - 9 pages Memorandum To: James Kelley Professor of Business Law From: Matthew R. Bannon Date: November 20, 2018 Subject: Business Law II Term Paper _______________________________________________________________________ Attached please find the resume which is due on February 1 as the first assignment in BUS 381N, Introduction to Business and Management, T 6:30-9:00. The work and writing presented in this term paper unless specifically specified in an

Business Environment business liabilties - graduate school - assignment

622 words - 3 pages Under premises liability law, I know that my restaurant can be held liable for injuries that happen on the property. The best way to reduce or eliminate this type of accidents is to train the employees and prepare them for the potential dangerous situations. I will also implement policies and procedures to avoid or reduce the potential risks that my business may face. The second thing that I will consider is to get good general liability insurance

business tax for business purposes - tafe - assignment

2022 words - 9 pages a client's business operations. (The Solicitor account does not separate the costs for various matters.) Rule Gains and losses from certain capital gains were recorded by the taxpayer by the Legal Division IIIA. A "Real" (or deemed remote) for the company, the taxpayer received or after September 20, 1985, remained under the capital gains tax ("GCC"), "no property" means in 160A Department. "Delete" is described in 160M and 160R sections

international business management

382 words - 2 pages compare these to those of a domestic company.Critically discuss Hofstede's model explaining national cultural differences. Use examples to illustrate.What are the main features of compartmentalised business systems? Use an example from a country of your choice to explain.What are the differences in work design and coordination among US and Japanese manufacturing firms, and how are these related to national institutional differences?End of PaperInternal Examiner: Dr. J. Duanmu & Prof. Mike GeppertExternal Examiner: C. Dorrenbacher PAGE PAGE 2

Similar Papers

Learning Summary Of Business Law 2390 Kpu, Business Law Assignment

2044 words - 9 pages courts, “Tort Law”, “Negligence”, "Contract Law”, “Employment Law”, “Insurance Law”, the methods of carrying on business, and the “Sale of Goods” during this semester. The reason why I decided to take Business Law this semester is that I am majoring in Marketing Management and I always think that learning Business Law can help me know more about the legal system in Canada and can protect myself while dealing with legal issues in Canada. Also, the

Bcit Business Management Report Bcit Assignment

2120 words - 9 pages long lead-time of delivering and shortage of product which cannot meet customer demand. RUBY- After we analyzed the existing problems, we found that there are three root causes. First one is the inefficiency supply chain management of product innovation. The company spends its sources on launching the new improved product and it leads to the constant shortage because of the production capacity strain. In addition, customer need to wait for 6 weeks

Information Management Business Opportunities Univeersity Assignment

2576 words - 11 pages PAGE Using writing techniques Khanya Mangoale 201373025 Information Management 1A Research Report 2 Due date: 22 April 2017 Lecturer: Mr. J Arthur Table of contents Page 1. Introduction 3 2. Business opportunity 3 3. Business Systems thinking 4 4. Architecture planning 5 5. IT Architecture 5 6. Service delivery 8 7. Vendor Development and Contract monitoring 9 8. People 9 9. Relationship building 9 10. Leadership 9 11. Contract

Business Management Recruitment Process N/A Assignment

734 words - 3 pages recognised brands, hence, why a business can also get ahead of its competition. Lastly, recruitment agencies save a business time in finding, recruiting and hiring experienced candidates who are well-behaved and can obey the company’s policy, procedures and requirements. Q15) A skills and psychometric test is especially relevant to the recruitment and selection process today as it helps employers conclude with a final decision in determining a