Business Law Essay Example | Topics and Well Written Essays - 1500 words - 1

Business Law - Essay ExampleHe meets BritneyArrows at a Chamber of Commerce lunch on 2 October and offers to sell her his Ford Fiesta for ?2,000. Britney saysthat she will consider his offer and get back to him. Britney thinks about Peters offer for dickens weeks and thendecides that she would like to buy the car. On 16 October, she sends a letter of acceptance to Peter at the addresswritten on the business posting which he gave to her at the lunch. As a result of the postal strike, Peter does not receivethe letter until 20 October. Unfortunately, he sold the car to Samantha snake on 18 October because he thoughtthat Britney must have decided that she did not want it. Britney is furious when she discovers what has happenedand says that Peter has broken their contract. In November, Peter is visited by the sales representative of a company called Microwave Madness Ltd. Following their discussions, Peter agrees to order 10 microwaves and signs the sales agreement withoutreading it. ... Last nighttime upon arrival at work, Andre was told by the manager he would notbe allowed to work and that he was dismissed with immediate effect. On asking why, Andre was told thatthe till he operated was ?10 short. Andre became very angry at hearing this and swore at the manager andthe owner and threatened both with violence. He had to be forcibly removed from the pub. 1. terminate Peter in relation to any contractual and tortious financial obligation arising from these facts. You should address the following issues in your answer.Peters potential contractual liability to Paris.Peters potential contractual liability to Britney.Microwave Madness Ltds liability to Peter under the law of contract AND tort. (85 marks) 2. Advise Andre as to whether or not he will have any rights against the pub. 1. The get-go proposition relates to contract law and whether Peter has any contractual liability towards Paris. The first issue is whether a contract existed between Paris and Peter fo r the former to enforce any contractual rights against the latter. A contract is formed when there has been an definitive offer to enter into a contract by one party and that offer has been duly accepted and that acceptance has been communicated to the offerer. Therefore, an offer and an acceptance are both integral parts of a contract, in absence of either the contract would not be deemed existing. An offer is defined as an expression of willingness to enter into a binding contract. However, not all statements are offers a communication that is not an offer could be a statement of intention (Harris v Nickerson), supply of cultivation (Harvey v Farcey) or an invitation to treat. In a statement of