• Dave is a car dealer in Brisbane who offers to sell a new Suzuki Swift to Bill for $16000 on Sunday December 31 2019, stating the offer will remain open for 5 days.
• Three days later on Wednesday 3 January 2020 Bill rings Dave and says "my friend wants to buy a new Swift as well.If we buy two will you sell them to us for $30000?"
• Dave replies that he cannot sell the Swifts under the list price of $16000 and that he cannot sell two Swifts for $30000.
• The next day Bill arrives at Dave's showroom with a bank cheque for $16000 to take delivery of his new car. Dave tells Bill that unfortunately due to a fall in the Australian dollar, the price of the car (which is fully imported) is now $18000.
• Bill is not happy andcomplains to Dave that hehas not acted according to the legal elements of formation of a contract.

Task

You are to prepare memorandum fromDave the car dealer to Bill the customerwhich considers relevant elements in the legal formation of a contract and advises Bill whether Dave's action of telling Bill that he would need to pay $18000 was legal.

In the body of your memorandum, you will need to consider:

• Issue:
• Law: relevant elements of the formation of a contract
• Apply:
• Conclusion: