Question
Ally posts a sign on the window of her car, $5,000 or best offer. Ben sees the sign and tells Ally that he'll pay her
Ally posts a sign on the window of her car, "$5,000 or best offer." Ben sees the sign and tells Ally that he'll pay her $4,500 at the end of the month if she will give the car to him in two weeks. The parties agree to the deal. Who is the OFFEROR in the above situtation?
Select one:
a.
None
b.
Both
c.
Ben
d.
Ally
Pears Ltd. sends Mango Plc two proposals for the supply of fruit, one based on a fixed monthly price and the other based on a price per box of fruit (i.e. it varies according to how much Mango Plc orders each month). Mango Plc sends Pears Ltd a fax accepting its offer. Which of the following key ingredients of a legally binding agreement is missing from this scenario?
Select one:
a.
Capacity
b.
Consideration
c.
Agreement (offer and acceptance)
d.
Intention to create legal relations
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