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Business law (Example)

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Business law Question 1: Intention to Be Legally Bound and Consideration Step 1: Issues The legal issues were whether Celeb Johnson and Super Fine Oils Ltd had the intention to be legally bound by the agreement and whether there was consideration in the contract. Step 2: Principles of law The courts adopt an objective approach in assessing the intention to create a legal relationship. The courts presume that spouses do not have the intention to be legally bound. In Balfour v. Balfour [1919] 2 KB 571 the parties were husband and wife and the wife had developed rheumatic arthritis and could not travel to Sri Lanka where the husband was living. The husband promised her 30 pounds on a monthly basis until his return and she sought to enforce the agreement. The court held that the husband did not intent to be legally bound by the agreement The same of the staff in the government agency. Therefore acceptance of the offer was properly and timely communicated to the offeror. Indeed the acceptance of the offer did not deviate in anyway from the terms of the offer. Further Logan posted a letter to the offeror on the same day. And acceptance is deemed effect once the letter is posted. In the circumstances the acceptance by post was also effective. Step 4: Conclusion From the analysis of the relevant law principles regarding offer and acceptance in contract law and the facts of the case study it is clear that a proper offer was made and a proper acceptance communicated to the offerer. The upshot of this is that the agreement is legally binding and thus enforceable. By rescinding the agreement the government agency breached the terms of the contract and Logan’s company is entitled to legal redress. Bottom of Form [...]

Order Description:

business law case study, using 4 steps. I will show and attach files for further information

Subject Area: Law

Document Type: Dissertation

This project has already been completed by one of the Studybay experts. The client rated this project:

Project's rating is 5/5

Price $80

Words 1925

Pages 7

Completed in 16 days

Expert WriterT

Client Review

great writer, on time and great writing. recommended!

Positive
01.07.2018

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