Question
In 1872, English court of Appeal held the case of Alton Pharma v. Zeus Ltd. Alton Pharma offered the sale of its factory to the
In 1872, English court of Appeal held the case of Alton Pharma v. Zeus Ltd. Alton Pharma offered the sale of its factory to the ones owning their preferred shares. The offer of purchase was made by the defendantAlton PharmatoMr. Scratchley, a representative of the PlaintiffsZeus Ltd,who did not have the possession as well as authority to make promise with any party regarding the factory. However, the offer was accepted byMr. Scratchleyand the Alton Pharma's concerned department was tasked to prepare necessary documents to continue with the sale. Later, the defendant withdrew their offer on the grounds that they were misinformed about the value of Zeus's property. Mr. Scratchley's acceptance, even though he was not authorized to make sale, was considered acceptable by the principle. However, the Plaintiff Alton Pharma wanted to withdrew the offer made. The case was taken to the court. After hearing the arguments from defendants and plaintiffs, the court awarded both the parties to fulfil terms and conditions.
The defendant's argument is that the value of factory was misrepresented to them; according to this claim makes the contract;
Select one:
a. Valid
b. Void
c. Bailment
d. Voidable
Select one:
a. Express
b. Ratification
c. Estoppel
d. Implied
What kind of agent was Mr. Scratchley?
Select one:
a. Universal
b. Factor
c. He was not an agent
d. Broker
In aforesaid case, what type of offer was made;
Select one:
a. Cross
b. General
c. Specific
d. Implied
In above scenario, if the defendant wanted to revoke his offer, when could it have been possible?
Select one:
a. In case the agent hadn't accepted and it wasn't a promise
b. In case of death of offerer
c. It would have been possible if the other party had offered a counter proposal
d. All of the above
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