Contract Case Laws
Carlill v Carbolic Smoke Ball Co 
The Carbolic Smoke Ball company displayed an advertisement saying that 100 would be paid to anyone who could, inter
alia, use their smoke ball product for 2 weeks and then contract influenza. The
1. There has been a misrepresentation as Hodja knew that the annual sales amounted to $500000
and yet told Chamil that the annual sale was $10000000. This type of Misrepresentation is
classified as fr
The sixth and final element required
for a valid contract.
The object or purpose of a contract
must be legal.
Unlawful contracts are classified as
illegal (serious unlawful purpose) or
void (lesser serious breach)
CONSUMER PROTECTION LAW
Text: Ch. 24 of Australian Business Law
Australian Consumer Law (ACL) in text corresponds with
consumer protection provisions in the Fiji Commerce
Note: Ignore discussion in text on constitutional basis not app
TERMS OF A
WHAT ARE TERMS?
terms of the contract are its
binding statement or promise
obligations of the parties
about statements made prior to a
all statements at th
ACC706 - ACCOUNTING
THEORY & PRACTICE
TOPIC-1 CONCEPTUAL FRAMEWORK OF ACCOUNTING
Godfrey, J., Hodgson, A., Holmes, S., and Tarca, A. (2010).
Accounting Theory, 7th edition, John Wiley.
Instructor: Dr. Suesh Pand