Law of Business and Carriage

PROFESSIONAL DIPLOMA IN BUSINESS AND ADMINISTRATIVE MANAGEMENT faithfulness of nature OF BUSINESS AND CARRIAGE ASSIGNMENT 1 A) First of all, the offer was rectify legitimate because the Hei Lau has already move a garner to Chiu Chor to switch all over the railroad political railroad car for HKD 85,000 in the beginning. Even though, Chiu Chor had respond offer back Hei Lau by HKD 40000, which doesnt get a reply. The occlusion currently is that Chiu Chor had withal sent the second letter which he agrees to buy the car under HKD 85000 offer from Hei Lau indoors the week. In reference of the postal rule, once the letter is post (with proper prepaid perimeter from postal office with a proper address), the acceptance tooshie be seeing as a complete agreement. on that apexs no matter if the letter was lost(p) in the post or never reaches the addressee, the agreement of the vex still exist. Beyond above, the takings offer in the root letter HKD 40000 was just a mere request for nurture only, which it does non because the original offer lapse. 1 B) According the information from the question, Hei Lau intrust not be competent to revocation his offer to Chiu Chor. The point is Hei Lau did not inform Chiu Chor forward and sold the car to the third base party. Meanwhile, Chiu Chor also doesnt make up any depending book of facts to jut his statement.

The conclusion is confabulation need not have been make by the offeror to Chiu Chor. The resource must be abundant that the offeree learns of the revocation from a reliable source (Told by a third party that offeror had sold/had concur to sell instead of susceptibility be intending to sell) 2 A) EXECUTORY CONSIDERATIONS friendliness is executory when on that point is an give-and-take of promises to perform acts in the future. For example,  A promises to deliver widgets to B at some future escort and B promises to move over A for the widgets when he receives the shipment.  If A does not deliver the widgets to B, B can sue A for breach of contract. EXECUTED CONSIDERATION When a promise is made in exchange for an act, when that act is...If you lack to get a secure essay, order it on our website: Orderessay

If you want to get a full information about our service, visit our page: How it works.