Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Michelle is at University, studying to be a veterinary surgeon. David, a close family friend is also a veterinary surgeon. 'Whilst away at University, Michelle

image text in transcribed
Michelle is at University, studying to be a veterinary surgeon. David, a close family friend is also a veterinary surgeon. 'Whilst away at University, Michelle received a letter from David on IST April, saying that he was due to retire in a few weeks' time and that he wondered whether she would be interested in buying his veterinary equipment for the bargain price of $5000. His letter asked for a reply by 15th April as a junior partner in his veterinary practice was also interested in buying the equipment, albeit at a higher price. Upon receipt of David's letter, Michelle decided that she would like to buy, but would need to borrow the money. In order to speed matters up, she then wrote to David on 2nd April expressing a firm interest, but asking if he would be prepared to accept payment by instalments. Her letter got lost in the post and was never received by David. Not having heard from David, lVlichelle arranged a bank loan and then posted a second letter on 9th April, enclosing a cheque for $5000. This letter only reached David on 17th April. In the meantime, David had changed his mind about selling her the equipment and sent her an email on 10th April retracting his offer to her. He sold the equipment to his junior partner on 16th April. With reference to the case situation above, discuss, using decided cases to support your arguments, the contractual implications and the remedies, if any, that Michelle might be able to pursue against David if she so wished

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

Intellectual Property Law Text Cases And Materials

Authors: Tanya Aplin, Jennifer Davis

4th Edition

0198842872, 978-0198842873

More Books

Students also viewed these Law questions

Question

Write a program to check an input year is leap or not.

Answered: 1 week ago

Question

Write short notes on departmentation.

Answered: 1 week ago

Question

What are the factors affecting organisation structure?

Answered: 1 week ago

Question

What are the features of Management?

Answered: 1 week ago

Question

Briefly explain the advantages of 'Management by Objectives'

Answered: 1 week ago