CONTRACT LAW 2012/2013 CONTRACT LAW Content: Formation of contract. Vitiating factors. Terms. Privity of contract. Discharge of contractual obligations. Remedies. Limitation of actions. BEA1003/BEA1003A 2 Contract FORMATION OF CONTRACT A contract was defined in the 19th century by Sir Frederick Pollock as “A promise or set of promises which the law will enforce”. The requirements of a valid contract are: 1.Agreement. 2.Consideration. 3.Capacity . 4.Intention to create legal relations
Words: 6626 - Pages: 27
22, 2014 LS311-02 This unit Assignment has you take a look at what constitutes effective acceptance of a contract. Case Scenario Carrie offered to sell a set of legal encyclopedias to Antonio for $300.00. Antonio said that he would think about her offer and let her know his decision the next day. Norvel, who overheard the conversation between Carrie and Antonio, said to Carrie, "I accept your offer." and Carrie gave Norvel the books. Carrie was not obligated to sell the encyclopedias to Norvel
Words: 279 - Pages: 2
E.G contract law (offer, acceptance, etc) * Doctrine of law which is when the court would revise a past case that relates to the issue to determine the verdict of the current case * Common law Week 2/3 State Court System * Supreme court * County court * Magistrate court * tribunal court Contract defined * Agreement that the law will enforced * offer+ acceptance + intention + consideration = contract * contract law is a case law Types of Contract *
Words: 3033 - Pages: 13
Bloom Appellant v The American Swiss Watch Company Respondents 1915 AD 100 Appellate Division, BLOEMFONTEIN. 1915. February 2, 3. INNES, C.J., SOLOMON, J.A., and DE VILLIERS, A.J.A. Flynote Contract. --- Reward. --- Animus contrahendi. --- Contractual privity. Headnote After certain property had been stolen a reward was offered to any person giving information which would lead to the arrest of the thieves and the recovery of the property. The appellant and others claimed this reward for information
Words: 3534 - Pages: 15
I. A breach is nonperformance in a contract. a. A buyer breaches a sales contract when she does any of the following: i. Rejects the goods despite the fact the goods conformed to the contract specifications ii. Wrongfully revokes an acceptance iii. Fails to pay the seller in accordance with the contract iv. Fails to meet her obligations under the contract II. A remedy provides relief for
Words: 1007 - Pages: 5
dealing with Qns. 1 offer acceptance or contract Ans 2 dealing with law of fraud, negligence Qns 3 dealing with exclusion clause 150 words Question 1A What action can Packard bring against Hewlett? Your answer should include relevant case laws. Plaintiff / Offeree– Packard Defendant and Offeror – Hewlett Relevant Case Law: Calill, Pg 28 General idea – Same formula use it for other questions * Identifying whether its an offer or invitation to trade * What offer? Unilateral or bilateral
Words: 1715 - Pages: 7
RSM225 – Assignment 2 Issues 1. Whether Frank had entered a contract with the caller? 2. How long is the offer available for? 3. What is the liability of the manufacturer for Frank’s injury? 4. Liability of on-line supplier for inappropriate advice about his product? 5. Whether Frank had made payment for securing the price or a 1st payment towards purchase? 6. What is the proper conduct for miscommunication? 7. Making a purchase when incapacitated? 8. Having received
Words: 1583 - Pages: 7
as part of an offer through advertisement. I will discuss the objective theory of contracts, the four essential elements of a valid contract and how they correlate to the case mentioned above. I will also bring light as to why this specific case did not succeed in court and how this case was different from any other case that used the same approach to customers through advertisements. When dealing with contracts there are 4 essential
Words: 1496 - Pages: 6
sales contract to be valid, there has to be both an offer and acceptance. At the time of the initial offer, there was no official acceptance. Once Radar Appliances did accept, the offer was no longer there, as Zook withdrew before there was an acceptance. And under common law contract principles, an offer may be revoked at any time before acceptance. Zook also never technically said that they would allow the offer to stand for more than a week, so I don’t believe it was a valid sales contract.
Words: 286 - Pages: 2
Contracts Rules Outline |Intent to Contract: | |Applicability of the UCC: Uniform Commercial Code applies to contracts for the sale of goods | |Unilateral Contract: A contract in which a Promise is exchanged for an action | |Bilateral Contract: A contract in which a
Words: 2857 - Pages: 12
