Demonstrate knowledge of basic element and law of contract , Business Law and Ethics

Assignment Help:

Learning Outcomes:

• Demonstrate knowledge of the basic elements of a contract
• Demonstrate knowledge of which of those elements are pertinent to potential disputes within this scenario
• Apply the principles established in cases studied to the facts of this scenario
• Support those principles with legal authorities. Cases must be given full citations.
• Reach a reasoned conclusion based on the above
• Demonstrate acceptable standards of communication skills in terms of written English (grammar, punctuation, paragraphing etc.)

The Question

Kim and Terri had decided to go shopping in Bluewater. Kim had been looking everywhere for a new dress for her sister's wedding and was prepared to pay up to £150. She passed a smart little boutique, which had just opened and stopped in her tracks. There in the window was the dress of her dreams, which, being a great follower of fashion, she knew was made by Sharmani and should retail for at least £500. It was clearly labelled at £50.

The dress was the only one in the store, Kim asked to try it on, it fitted perfectly and she went to the counter with her £50 ready in her hand.Lynne, the owner of the boutique said that she was sorry, but there had been a mistake and stated that the dress cost £450 and refused to sell it for the price on the label.

Kim, who is a part time law student at the University of North Dulwich said, ‘I know my rights! I have studied contract law and you have to sell this dress to me at the price in the window.'

Terri, meanwhile,is an avid reader of ‘Charm' magazine and had seen an advertisement the day before, which read;

‘Special Offer to readers of ‘Charm' magazine! The first six customers to present this advertisement at the enquiry desk on the ground floor of the Jack Jones department store are entitled to a free outfit of their choice, worth £100.'

Terri had got up early and was third in line at the enquiry desk, when the shop opened. She is furious because the store is refusing to honour ‘the offer', saying that it was just a publicity stunt and no-one was expected to take it seriously.

Please advise Lynne whether she is legally obliged to sell the dress to Kim at the stated price of £50 and Terri whether she is legally entitled to the £100 outfit. (You are only expected to use legal principles which you have covered in class. You are not expected to discuss the law on mistake.)


Related Discussions:- Demonstrate knowledge of basic element and law of contract

Fraud on the minority, Fraud on the minority: The exception of "fraud ...

Fraud on the minority: The exception of "fraud on the minority" depends, whereas the company is defrauded, on "wrongdoer control," i.e. the individual shareholder must show th

Determine the name of tort, Patrick works in the same office as Marian...

Patrick works in the same office as Marian and they do not work well together. One day, Marian got credit for a job well done and Patrick got angry over it. He walked int

Regulations regarding electricity, REGULATIONS REGARDING ELECTRICITY : You...

REGULATIONS REGARDING ELECTRICITY : You are aware that electricity is the most common and convenient source of power. You know that carelessness in handling or maintenance of elec

Employer pay severance allowance to his employee, QUESTION 1 What are t...

QUESTION 1 What are the consequences of a unilateral modification of a contract of employment of indeterminate duration by an employer? QUESTION 2 (a) In what circumsta

What is the meaning of flexible exchange rates, What is the Flexible Exchan...

What is the Flexible Exchange Rates With a fully flexible exchange rate adjustment toward the long run equilibrium occurs via a change in relative prices. This effect is shown

Illustration of rules relating to consideration, Illustrtaion of Rules rela...

Illustrtaion of Rules relating to consideration Foakes v Beer (1884) Actually On the date 11th of August, 1875 Mrs Beer wrapped judgment next to Dr. Foakes for £2,077 1

State article 10 of air and outer space law, State Article 10 of air and ou...

State Article 10 of air and outer space law Article 10 allows the aircraft to cross the territory of a contracting State without landing, and further states that every aircraft

Financial assistance for purchase of own shares, Financial Assistance For P...

Financial Assistance For Purchase Of Own Shares: i) Financial Assistance For Purchase Of Own Shares S.56 (1) of the Act renders it unlawful for a company to give there wher

The reports - matters and reports, The Reports: i) An auditor's report...

The Reports: i) An auditor's report showing:                    a) Profits or losses in each of the last FIVE years.                    b) Rate of dividend during the la

Raising of capital, Raising Of Capital: In commercial parlance, the wo...

Raising Of Capital: In commercial parlance, the word 'capital' is generally used to denote the amount by which the assets of a business exceed its liabilities. Conversely, in

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd