Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Hardly Normal Pty Ltd, a vendor of electronic equipment, advertised: NEVER TO BE REPEATED OFFER. 50in PANASONIC PLASMA 3D TELEVISIONS @ $7,500 Ben saw the

Hardly Normal Pty Ltd, a vendor of electronic equipment, advertised:

"NEVER TO BE REPEATED OFFER. 50in PANASONIC PLASMA 3D TELEVISIONS @ $7,500"

Ben saw the advertisement and the next day (Thursday) went to the store and said to Mary, the sales manager:

"I accept the offer on the plasma 3D TV - here is my card - please deliver it as soon as possible".

Mary told him to slow down. "Unfortunately, there has been a rush and we've sold out", she said. "Look", said Ben, "I know my business law - we've got a contract". Mary told him he was a young fool but went on to say:

"The only 3D plasma left is the demonstration model, and you can have that for $6,000. Not a bad price as they usually sell for around $7,500. That should make you happy".

Ben was not sure and said that he would think about it and let her know by noon the next day (Friday). Mary said she would definitely keep it for him until then. However, at 9.00 am on Friday Jin Tao walked into the store, saw the demonstration model, and offered Mary $6,500 for it. Mary sold it to her. At 10.00 am on Friday, Ben rang Mary and told her that he would buy the demonstration set at the price she offered. Mary then told him the bad news - the set had been sold.

Ben comes to your law office and seeks your advice as to whether a contract has been formed on either Thursday or Friday. Advise him whether a contract has been formed.

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

Family Law

Authors: Jonathan Herring

10th Edition

1292343257, 978-1292343259

More Books

Students also viewed these Law questions

Question

Suggest how CPW can create a blue ocean strategy.

Answered: 1 week ago

Question

Am I prejudiced against this person? Am I too judgmental?

Answered: 1 week ago

Question

Values: What is important to me?

Answered: 1 week ago