Mr. Harry Potter wants to sell his invisibility cloak. He prints out various pamphlets for the sale of the cloak for $ 5,000 and puts it up across Hogwarts and Hogsmeade. Mr. Severus Snape is interested and writes a letter to Mr. Harry Potter to buy the cloak for $ 4,500.

Answer the following:

1. Has Mr. Harry Potter made a proposal? Has Mr. Severus Snape made any proposal to Mr. Harry Potter? In either of the case when and where the communication of proposal and acceptance is complete?

(5 Marks)

1. Has correspondence between Mr. Harry Potter and Mr. Severus Snape resulted in contract formation. Discuss.

(10 Marks)

1. After receiving the letter from Mr. Severus Snape, Mr. Harry Potter sold the bike to Mr. Ronald Weasly. Can Mr. Severus Snape then sue Mr. Harry Potter for breach of contract? Under what circumstances can Mr. Severus Snape sue for breach of contract and what are the reliefs available?