Business Law

INTRODUCTION

In this assignment I intend to show and understand the law of contract exploitation showcases, existing cases and legislations.

First I allow for inform using examples and trance cases the difference amid an domiciliate and an invitation to treat. then I will define the term consideration, showing the rules and including appropriate cases.

I will then apply this knowledge to answer using real examples and cases the legal relations in business and commercial relationships with their differences.

All this knowledge and through further research I will then apply the rules acts and legislation surrounding contracts to a real life situation.

Explain using examples and appropriate case the difference between an nominate and an invitation to treat.

When some ace makes you an offer, it is a proposal made on certain terms by the offeror together with a promise to be bound by that proposal if the offeree accepts the verbalize terms. The offer freighter be a bilateral one which means it is between two people (face to face) for example when a head teacher of a school wrights to a assimilator offering them a place at their school this offer can only be accepted by that specific pupil. If an offer is made to a group it can be accepted by any member of that group.



An offer can also be made unilaterally, which means it is an offer to the full-page world for example the U.S. government has offered a reward for the whereabouts of Osama Binladen. The offer can be accepted by anyone who knows about it, and finds Binladen.

An example of a case concerning a true offer is that of Carlill v Carbolic Ball Co (1893). The company was so sure of its gauge balls that they placed advertisements in newspapers stating that it would pay anyone...

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