Business Law - Case Study

A contract is an agreement that creates obligations that are enforceable by the law. A contract can either be written or spoken. There are elements to a contract that make it valid and binding. This is defined as a clear manifestation of willingness to enter an agreement made by another person with full understanding that their assent to the bargain is an invitation and is concluded. As to whether there was an offer in this case, yes there is an offer. When the salesman offered the buyers time for a test drive and they finally chose and agreed to buy the blue car it was a clear offer.

An advertisement involving a transaction in goods is an offer when it invites particular action, and when it is clear, definite, and explicit and leaves nothing open for negotiation.

What type of exemption means he probably won't have to provide disclosure reports to the government or buyers?

After the running business the Bill and Jill beach the contract and they setup the case in the court and Bill and Jill take the losses from the seller because the seller provide every wrong

No. An ad can be treated as an offer under certain circumstances for instance in the Lefkowitz v. Great Minneapolis Surplus Store, Inc. case. The store published a newspaper ad stating: that on Saturday 9 AM Sharp, three brand new fur coats, worth up to $1,000.00, first Come First Served $1 each. A customer named Morris Lefkowitz arrived at the store ready to pay. However, he was informed that under the defendant's house rules, the offer was open to women but not men. The court ruled for the plaintiff because he satisfied the terms of the advertisement. Therefore, the advertisement was explicit and left nothing open

An offer is defined as: The manifestation of willingness to enter into a bargain, so made to justify another person in understanding that his assent to that bargain is invited and will conclude it (pg. 493). The parties to an agreement are, the offeror and the offeree. The offeror is the party making the offer, and the offeree is the party receiving the offer to enter into an offer. Basically, the offeror promises the offeree

The other party—the Department of Streets and Thoroughfares—did not necessarily set a reservation price for the entire project initially; rather Charlotte stated that she would want me to pay the initial 3.8 million dollar exaction

For the last 13 years, I have enjoyed working in a wide range of commercial and construction related litigation. I have represented Bridgestone Americas, Inc., which includes Firestone Building Products, Potash Corporation of Saskatchewan Inc., and manufacturers of various products used in construction. Including, the manufacturer and distributor of wall covering in hotel mold litigation involving buildings in the New Orleans area. These cases involved issues with bid and retainage bond rights, performance, payment, liability, responsibility, and interpreting contracts, drawings, specifications, change orders and back charges, lien rights and remedies for commercial office buildings, hotels and the New Orleans Superdome. Parties involved in these cases typically included, owners, general contractors, subcontractors, architects, laborers, material men, bond companies, suppliers, architects, bankruptcy trustees, bankers, and public officials. This work required in depth understanding of building envelopes and construction practices.

A weakness is made by the way that John require just present a rundown of records and adds up to be charged to renew the unimportant money store. The supporting documentation for the frivolous money payment additionally ought to be submitted with John's rundown and looked into by another person. Astonishment numbers of the store additionally ought to be made to guarantee that the trust is being kept up on an imprest premise, that is, to guarantee that money and/or Receipts Square with $200 at all times.

-If advertisement limits possible number of persons able to accept ‘offer’ then can be an offer

Per our conversation, I reached out to Sherman- Williams to pay for the paint. Nicholas Collins sale person, cancel the attached because we were charged a non-governmental rate, and taxes. He had supposed to get back with me today with a new quote.

After a columnist decided to write an article about the Muscadine grapes, the demand for the product became highly requested. I believe that is when Marshall decided to write up a contract to save himself in profiting of what he has been getting. That is when our business relationship began to fail. The best thing for me to do is see how we can both benefit. Although the contract is signed under false pretense. I have to look to the scripture Ephesians 4:2 “With all lowliness and meekness, with longsuffering, forbearing one another in love” (King James Bible) That scripture is telling me to bear in one another’s burdens and to rejoice in the truth. I wanted to do right by Marshall because of his advertising of the grapes. That is why I gave

Offer is the promise made by the offeror. Generally, advertisement is the invitation to treat. Invitation to treat is different to the offer, so the advertisement is not an offer. (Partridge v Crittenden［1968］ 1 WLR 1204)

An offer is an expression of willingness by one party to contract on certain terms with another party with the understanding that the contract will become binding when accepted by the person to whom it is offered. An offer may be made in different ways, such as in a letter, an email, or even your behavior, so long as it conveys the basis on which the offering party is willing to contract. An offer should consist of: (1) a statement of present intent by the offering party to enter into a contract; (2) a specific proposal that is certain in its terms; and (3) a communication that identifies the person to whom the offer is made. If any of these elements are not present, an offer has not been made. (Walker, C. B., 2012)

The offer is like declaring one′s willingness for acceptance or rejection under different conditions. An offer takes place when two parties decide to build a contract between them by exchanging money or something valuable in return from one party to the other one. An offer is valid when