Nina Law assignment.docx - Answer to question No I Discuss incorporating your understanding of contract law whether a contract was formed If so when was

Nina Law assignment.docx - Answer to question No I Discuss...

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Answer to question No. I.Discuss, incorporating your understanding of contract law, whether a contract was formed. If so,when was it formed and who are the contracting parties? In Carill v.Carbolic Smoke Ball Co’s famous court case, it was held that an invitation to treat is different from an offer. There’s a need to know the intension of the party responsible for the statement to characterise between the two. Declaration should be the basis on which determination is made with the declaration either being an outcome of further negotiations or justa affirmative sentence (Ayres & Schwartz, 2014). Conformity is the sole accountability of a suitable contract and contains an acceptance with offer consisting of an agreement between similar interest and common goaled people, there are many factors and elements that needs to be met to have an offer and an acceptance. Inconsistent of the rules and regulations, the contract law lays the area of values restricting the obligations and privileges of the agreed parties. In this case, it is the essential division of commandment, making it unlawful to break the obligation by the parties of the agreement. Everyform of declaration is a contemplation for the additional party as stated by the business law. It is called a guarantee when supplementary party approves a proposal. the importance of evaluating the given scenario is suited by the given definition of the formation of agreement. It is important to fulfil two essentials for the agreement to develop into a contract which is the offer and the acceptance of it being made. In the case given, there has been various different offer and different types of acceptance. Since not all offer and acceptance are legally binding, the details of the various cases will be discussed in the following paragraphs.Alan, who is the one making the offer in the question case has made an offer on Facebook to sell his textbook which is called “Introduction to Business Law in Singapore". This textbook, which happened to be a compulsory studies Commercial Law, there has been multiple attempt of acceptence by various parties. On 1stNovember 2015, Alan promoted his sale on facebook quoting;"To all my friends who are students enrolling or are enrolled in Kaplan Higher Education. I am selling my textbook "Introduction to Business Law in Singapore", together with all the notes I took in class. The notes are written in an exercise book and very useful as I obtained a High Distinction for this unit! The selling price is $200.00. If keen, please pay me by 5thNov 2015".Alan specifically mentioned the expiry date of the offer to be 5th of November 2015.There were total 3 separate parties that were involved in the question case; Bernard, Charleen and Damien. By looking into each relationship Alan had with each one of them, the presence of contract being formed will be analysed and describing when the contract was formed.
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The first party that approached was Benard. Upon seeing the post, Bernard responded to the advertisement posted by Alan contacting regarding the sales of Alan's textbook. As Bernard
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