“Vision” Magazine: Case Study
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Case Study
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Peter advertised widely in the media, offering various subscription deals to ‘Vision’, his politics magazine. One deal provided a subscription for three years and required payment of £100 to be made by 30 April. Orders received after that date would be charged at £150.Ray sent an order with a cheque for £100, which he posted on 25 April. His order was not delivered until the afternoon of 30 April because of a postal delay. It was then too late to put the cheque into the bank. Peter processed the order but would not supply any magazines until Ray paid a further £50.
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Sara paid £75 for a two-year subscription but, after 13 months, was informed that unexpected increases in costs made it absolutely necessary to charge an extra £15. Peter would not send any more magazines until the additional payment was made.
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Tom wrote some book reviews for ‘Vision’. A few months later, Peter told Tom that he could have a free, one-year subscription to ‘Vision’, in recognition of the reviews he had written. Tom received no magazines.

IY1 Business & Management, Business Law

Name: Arga Thura
Group: L3
Candidate Number: 155019
Word Count: 1,897 words
This essay will analyse and examine over 3 case studies, in regard to theories and functions of contract law. Based on these cases, this essay will study through the essential requirements for a binding contract and theory terms related to situations with evidences applied. Basically all the case studies are formed between the person named Peter who is believed to have a particular control over ‘Vision’ magazine towards Ray, Sara and Tom, who are customers and an employee of ‘Vision’ magazine.

First