Elements of contract formation
Not what you're looking for?
Using the Internet, locate an article specifically related to the elements of contract formation. Prepare a 400-700-word review of the article. Be sure to properly cite and reference the article in your review, along with any additional sources that you use.
1.Summarize the article
2.Identify the legal business issue(s) raised in article
3.Discuss how the legal issue(s) affect business give example
4.Could the problem have been avoided? Explain
5.Discuss realistic solutions supported by sound legal and business principles.
Purchase this Solution
Solution Summary
The solution answers the question below.
Solution Preview
The article is at: http://netk.net.au/Contract/Gibson.asp
1.Summarize the article:
A local Council sent a letter inviting a formal application by council tenants to buy a house. Gibson the plaintiff, completed and returned the application. However, in the meanwhile there was a change in the government and the idea of selling houses was dropped. Gibson sued that there was a breach of contract. In the Court of Appeal Lord Denning held that a contract had been formed and this can be surmised from the correspondence between Gibson and the Council There was a dissenting judge G Lane who held that the application form was the offer and it had not been accepted by the Council and so there was no contract.
The House of Lords when appealed to favored the decision of the dissenting judge, it was held that there was no offer of contract by the council so there was no formation ...
Education
- BSc , University of Calcutta
- MBA, Eastern Institute for Integrated Learning in Management
Recent Feedback
- "I read your comments, and thank you for this feedback. Do I need to find other studies that applied this methodology Ive used? That's where I'm stuck at."
- "Thank you kindly sir. "
- "Excellent and well explained. --Thank you kindly. "
- "Awesome notes. I appreciate you."
- "I have the follow-up project and I will assign that to you very soon. "
Purchase this Solution
Free BrainMass Quizzes
Economics, Basic Concepts, Demand-Supply-Equilibrium
The quiz tests the basic concepts of demand, supply, and equilibrium in a free market.
Pricing Strategies
Discussion about various pricing techniques of profit-seeking firms.
Elementary Microeconomics
This quiz reviews the basic concept of supply and demand analysis.
Basics of Economics
Quiz will help you to review some basics of microeconomics and macroeconomics which are often not understood.
Economic Issues and Concepts
This quiz provides a review of the basic microeconomic concepts. Students can test their understanding of major economic issues.