Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Answer using IRAC Method with relevant case laws and Fiji legislations. Pls Provide references thanks 1. On 15 January 2016, John offers to sell his

image text in transcribedimage text in transcribedimage text in transcribed

Answer using IRAC Method with relevant case laws and Fiji legislations. Pls Provide references thanks

1.

image text in transcribedimage text in transcribedimage text in transcribedimage text in transcribedimage text in transcribedimage text in transcribed
On 15 January 2016, John offers to sell his antique desk to Ravinesh for $5,000. Ravinesh subsequently inspects the desk and says to John 'The desk is in excellent condition and I'd like to have it. There's no doubt that I could afford to buy this desk if I could pay for it in three installments. Nothing further is said concerning the desk. On 18 January, Ravinesh sends a letter to John in which he accepts John's original offer. On 19 January, Ravinesh learns that John has sold the desk to Waqa for $7,000 On 20 January John receives Ravinesh's letter of acceptance. Advise Ravinesh whether he has an action against John for breach of contract.Bethany Limited [BL] manufactures computers and supplies them to several retailers, including Lithgow Electronics, which also sells computers produced by other manufacturers. The BL sales manager contacts Lithgow's owner and threatens to stop supplying it unless it agrees to stock only BL products. Identify any possible restrictive trade practices that are prohibited by the Trade Practices Act and any likely remedies.Jack a businessman, rents an office with a long lease. The lease defines the Demise to include the exterior walls and structure, and it also contains a repairing covenant. One day Jack arrives at work to find a picture painted on his exterior wall. Later Jill arrives, who works with Jack, notices the picture and says, 'that's a Hanksy, could be worth some cash.' Jack immediately phones Tom, an art dealer, who confirms Jill's suspicion. Later that day Tom phones to tell Jack he has a buyer. Tom removes the section of the wall with the picture and ships to the buyer, who promises to pay Tom $10,000 on delivery. While Tom was removing the picture he tripped on a mound of dirt by the wall. On uncovering it he discovered an old wooden spoon that looked identical to the spoon in the news, which had just been donated to the museum, as a priceless antiquity. Using case law and the lease explain if Tom could be the owner of the painting and or, the spoon?Taniela Waqa sold his 1957 sports car to Ashnil Raju for $8000.00. During the negotiations Waqa claimed the car was actually 1957 model, of which only a few were produced. Raju who, is a minor aged 17, bought the car thinking it was the limited edition. Explain if there is a contract formed between Taniela Waga and Ashnil Raju.Scott Wara operated a Mobile Disc Jockey Service in Suva under the business name "The Groove". He sold his business to one of his employees, Matru Singh, who did not change the business name, advertising brochures, stationary or letterhead. Matru Singh decided to upgrade his equipment and ordered sound equipment to the value of $40,000 from Lionz Sound. Lionz Sound had been a regular supplier to The Groove for a number of years and was not aware of the change in ownership. With Scott's departure, the volume of business declined and Matru did not pay for the equipment. Lionz Sound sought payment from Scott Wara. Would they succeed and, if so, on what basis?Babasiga Chemicals Ltd and Baby Blue: Ltd manufacture and supply superphosphate and control about 80% of that market. They have been engaged in a rice-cutting war for some months. The managing directors of each company meet accidentally in a coffee shop. During the meeting they agree to stop price cutting and to charge the same delivery costs. Their waiter a parttime law Executive Masters in Business Administration student at the Fiji National University student, reports the conversation to the Fijian Competition and Consumer Commission. Have the companies and the directors breached the Fijian Competition and Consumer Act 2010. If so, which provisions of the Act have been breached and what remedies are likely

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Law Express English Legal System

Authors: Emily Finch, Stefan Fafinski

8th Edition

1292295457, 978-1292295459

More Books

Students also viewed these Law questions

Question

=+a) Whether to invest in solar energy companies.

Answered: 1 week ago

Question

Why is a business obliged to do something desirable for the society

Answered: 1 week ago

Question

The background knowledge of the interpreter

Answered: 1 week ago