Business Law

Contract is an accordance between two or to a greater extent parties which is enforceable at law. According to the traditionalistic approach, the domain of agreement which includes straits and acceptance, consideration and the intention to pee-pee legal traffic are essential to bring a contract into existence and valid. Offer is a definite call up or pr purport of marriage that made by inviteer with serious intention of creation bound by such(prenominal) promise or proposal once it is accepted by the put upee.[1] This means that maintain is non-negotiable. bandage invitation to treat is different from offer as it is non in definite name[2] and it invite offers from other parties which terms are negotiable. adoption means that the offeree accepts all the terms offered by the offeror and is effectual when it is communicated with the offeror.[3] In the following part, the discussion would render whether there is valid contract between Alex and Charles and besid es the oneness between Alex and Betty by the essentials mentioned above. Charles then made an offer to Alex that he could only profits HK$30 Million for Alexs flatcar by trading Alex. However, Alex rejected his offer and made a counter offer to Charles that he would accept to share the apartment with the amount not less than HK$32.8.

Alex has made counter offer as we circumscribe that once the original offeree rejected the offer he accepted and make suggestions.[5] This destroyed the original offer made by Charles to Alex. Then, Alex became the offeror. Alex told Charles that he wont sell the apartment ea rlier 11th September 2011. At this moment, C! harles did not make whatsoever acceptance to Alex with the counter offer. Thus, there was no contract between them. On 10th September 2011, Charles distinguishable to take Alexs offer and send the acceptance to Alex by ranging him, but Alex was not available on phone. So, Charles left him a voice means to tell Alex that he accepted Alexs offer and hold to pay HK$32.8 Million for Alexs apartment. by and by that, he also sent Alex...If you want to get a full essay, localise it on our website: OrderCustomPaper.com

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