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QUESTION 1 A. I write now to accept the offer without revocation. I would plead, however, that you do consider a serious reduction in the

QUESTION 1 A. I write now to accept the offer without revocation. I would plead, however, that you do consider a serious reduction in the price quoted. I believe, as between friends, this is possible Deegbe v. Nsiah [1984-86] 1 GLR 545. With the aid of decided cases, discuss the legal issues involved. (5 marks) B. Kwabena Badu, a 17-year old second year Accounting student at UPSA entered into an agreement with Paul Adom, for the rental of Pauls 3 storey building at East Legon for use as office space for his business at a cost of GHc10,000. In order to complete his final exams successfully, Kwabena also procures Accounting textbooks from Cephas at a price of GHc5000. Kwabena has failed to pay Paul the amount for the rent and has only paid GHc2000 for the books he bought from Cephas. Paul and Cephas have come to seek your advice as to whether or not they can institute legal action against Kwabena Badu. With the aid of decided cases, discuss the legal issues involved. (15 marks)

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