Bundle: Smith and Roberson’s Business Law, Loose-Leaf Version, 17th + MindTap Business Law, 1 term (6 months) Printed Access Card
17th Edition
ISBN: 9781337497664
Author: Richard A. Mann, Barry S. Roberts
Publisher: Cengage Learning
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Chapter 6, Problem 1Q
Summary Introduction
To discuss: Whether a crime is committed from the given situation.
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Jim offered to buy James’s Porsche motor vehicle. Jim gave James 2 weeks for an answer. Two days after, Jane offered to sell her Porsche motor vehicle to Jim for which he was very excited to purchase because she had the latest model. Jim called James and told him personally that he is no longer interested in purchasing his Porsche. James is very upset, because he was keen to sell. He is of the view that Jim cannot withdraw his offer because the two weeks has not elapsed. He knows that you are a business law student at Open Campus and sought your advice on the matter. Advise James.
Will your answer be the same, if Jim failed to communicate to James within the two weeks that he no longer is interested in purchasing James’s Porsche motor vehicle and James accepted on the last day of the end of the two weeks? Required to use the IRAC* method to answer
Jim offered to buy James’s Porsche motor vehicle. Jim gave James 2 weeks for an answer. Two days after, Jane offered to sell her Porsche motor vehicle to Jim for which he was very excited to purchase because she had the latest model. Jim called James and told him personally that he is no longer interested in purchasing his Porsche. James is very upset, because he was keen to sell. He is of the view that Jim cannot withdraw his offer because the two weeks has not elapsed. He knows that you are a business law student at Open Campus and sought your advice on the matter. Advise James.Will your answer be the same, if Jim failed to communicate to James within the two weeks that he no longer is interested in purchasing James’s Porsche motor vehicle and James accepted on the last day of the end of the two weeks?
Harriet went to Maurice’s computer shop for the first time and left her expensive laptop computer to be cleaned and upgraded. The shop was burgled, despite Maurice’s extensive security measures.
Maurice is a sole trader and does not have any insurance to cover the theft. He draws Harriet’s attention to a small sign in a dimly lit corner of the shop which says ‘No liability accepted’ and to an exclusion clause printed in small letters on the back of the receipt for the laptop. It states, in legal terms copied from the internet, that he will not be liable for loss or damage to goods left for service or repair under any circumstances.
Discuss, giving your reasons, if Harriet will succeed in gaining compensation from Maurice for the lost laptop.
(Examine legal concepts and scope of contract law).
Chapter 6 Solutions
Bundle: Smith and Roberson’s Business Law, Loose-Leaf Version, 17th + MindTap Business Law, 1 term (6 months) Printed Access Card
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