Question
Q1: Two parties finalize a deal and the consideration decided and agreed too. The Australian cow was purchase by Mr. A at an agreed consideration
Q1:
Two parties finalize a deal and the consideration decided and agreed too. The Australian cow was purchase by Mr. A at an agreed consideration with a commitment that the cow will be delivered to Mr. B at Tokyo, Japan. Voyage will take about 90 days and if the contract of Affreightment will take about a week time.
Mr. A accepted the offer through voyage as the other option don't offer transportation of livestock and real assets.
During the transit the cow gives birth to a calf. The due arrangement was made for safe delivery of calf and fetch to deliver at the destination.
Required.
a)Who is the owner of calf in relation to contract s of ale of goods act and contract carriage of goods?
b)Should the purchaser have to return the calf to the owner of cow, why? And why not?
c)Come up with your logical arguments, whether the price of cow should have to be increase or decrease?
d)Do you agree that there is a lack of free consent and the contract may be void, if re-negotiation were not done before the calf decision?
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