Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

You are in the train station waiting for your train to arrive. You see a vending machine from where you can buy snacks and chips

You are in the train station waiting for your train to arrive. You see a vending machine from where you can buy snacks and chips for $3.50. Posted on the machine is a sign saying: "Property of XYZ Vendsolutions Pty Ltd". You insert the coins required into the machine and out comes a packet of chips. However, when you open the packet of chips, you find bits of plastic inside and you don't want to eat the chips. You want your money back.

Required: With reference to the essential elements for the formation of a contract, explain: a) Did you enter into a contract in this scenario? b) If your answer is yes, with whom did you enter a contract? (5 marks, maximum

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

Governmental And Nonprofit Accounting Theory And Practice

Authors: Robert J Freeman, Craig D Shoulders, Gregory S Allison, Terry K Patton, Robert Smith,

9th Edition

0132552728, 9780132552721

More Books

Students also viewed these Accounting questions

Question

1 2 ( 1 0 b - 9 ) > 1 2 ( 9 + 8 b )

Answered: 1 week ago

Question

1. Information that is currently accessible (recognition).

Answered: 1 week ago