Law of Business and Carriage

PROFESSIONAL DIPLOMA IN BUSINESS AND ADMINISTRATIVE MANAGEMENT

law of nature OF BUSINESS AND CARRIAGE


ASSIGNMENT

1 A) First of all, the offer was remedy legitimate because the Hei Lau has already sent a garner to Chiu Chor to swop the railroad political machine 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 similarly 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 molding from postal office with a proper address), the acceptance hobo be seeing as a complete agreement. on that points no matter if the letter was lost in the post or never reaches the addressee, the agreement of the contract still exist. Beyond above, the counter offer in the first letter HKD 40000 was just a mere request for information 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 third base party. Meanwhile, Chiu Chor also doesnt have any depending source 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 agreed to sell instead of might be intending to sell)

2 A) EXECUTORY CONSIDERATIONS
Consideration 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 date 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 insufficiency to get a full essay, order it on our website: Orderessay



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