Law of Business and Carriage

PROFESSIONAL DIPLOMA IN BUSINESS AND ADMINISTRATIVE focusing law of nature OF BUSINESS AND CARRIAGE ASSIGNMENT 1 A) First of all, the offer was remedy legitimate because the Hei Lau has already move a garner to Chiu Chor to swop the railroad political mechanism for HKD 85,000 in the beginning. Even though, Chiu Chor had counter offer back Hei Lau by HKD 40000, which doesnt get a reply. The occlusion currently is that Chiu Chor had likewise sent the second letter which he agrees to buy the car under HKD 85000 offer from Hei Lau within the week. In reference of the postal rule, once the letter is posted (with proper prepaid model from postal office with a proper address), the acceptance ass be seeing as a complete agreement. on that turn ons no matter if the letter was disjointed in the post or never reaches the addressee, the agreement of the take still exist. Beyond above, the counter offer in the starting signal letter HKD 40000 was just a mere re quest for learning only, which it does non because the original offer lapse. 1 B) According the information from the question, Hei Lau entrust not be able to revocation his offer to Chiu Chor. The point is Hei Lau did not inform Chiu Chor before and sold the car to the three base party. Meanwhile, Chiu Chor also doesnt reserve any depending theme to jut his statement.

The conclusion is communication 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 agree to sel l instead of might be intending to sell) ! 2 A) EXECUTORY CONSIDERATIONS thoughtfulness is executory when on that point is an exchange of promises to perform acts in the future. For example,  A promises to deliver widgets to B at some future learn 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 do in exchange for an act, when that act is...If you insufficiency to get a full essay, order it on our website: BestEssayCheap.com

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