Discuss the issues by examining relevant element of contract

Assignment Help Business Law and Ethics
Reference no: EM13983485

Jim owned a Mercedes Benz car which was manufactured in 1999. He wanted sell it so he advertised his car in the Straits Times. The advertisement was published on 15 January 2014 as follows, "A well maintained Mercedes Benz car for an unbelievable price of $30,000. The year of manufacture is 2010 hurry before it's gone".

On 16 January 2014 Francis viewed the car and informed Jim that he is very interested in buying the car. He informed Jim that he will buy the car on 20 January 2014 if he has sufficient money.

Fatimah who is an enthusiast of Mercedes Benz cars offered $32,000 and Jim sold it to Fatimah on the 19th January 2014.

On 20th January 2014 Francis approached Jim with the $30,000 but Jim informs him that he has sold the car to Fatimah.

Francis is very angry with Jim and threatens to sue Jim for breach of contract.

a) Advise Jim if there is an enforceable contract and will Francis be successful? Discuss the issues by examining the relevant elements of contract.

b) After buying the car from Jim, Fatimah discovers that the car was actually manufactured in 1999 and not in 2010 as described in the advertisement. She is furious as she realises that she has paid too much for the car relying on the description.

i) Advise Fatimah if she can take legal proceedings against Jim under the Sale of Goods Act?

ii) If Fatimah is successful in her action against Jim under the Sales of Goods Act explain whether the breach is a condition or warranty and the consequences of the breach.

c) Suppose Fatimah and Jim are friends how will this affect the creation of a contract?

Reference no: EM13983485

Questions Cloud

Debate the merits of the affirmative action plan : Conduct research and provide a link to an Affirmative Action plan. Debate the merits of the affirmative action plan. Is it really needed? Is it legal and workable
What is the work done on crate by the gravitational force : A crate with a mass of m is on a ramp that is inclined at an angle of 30 degree from the horizontal. A force with a magnitude of F directed parallel to the ramp is used to pull the crate with a constant speed up the ramp a distance of d. What is t..
Describe the key concepts of islamism : After carefully reading chapter 10 in Klesner's Comparative Politics: An Introduction and after watching the presentation this week, describe the key concepts of Islamism (pp. 213-223 in the Klesner textbook) and its current role in the world. In ..
Survey of financial officers of the fortune : A survey of financial officers of the Fortune 500 Corporations to learn their predictions for the economic outlook in their industries in the next year.
Discuss the issues by examining relevant element of contract : Francis is very angry with Jim and threatens to sue Jim for breach of contract. Advise Jim if there is an enforceable contract and will Francis be successful? Discuss the issues by examining the relevant elements of contract
Apply comprehensive biblical worldviewto major ethical issue : Apply a comprehensive biblical worldviewto a major ethical, managerial, or administrative issue in your specific field of business - Short discussion of the issue to be analyzed and substantive application of biblical principles to the issue, with b..
How much electrical energy does the freezer need : How much electrical energy does the freezer need for the process? How much excess heat does the freezer dumb into it's environment?
Media portrayals of crime : Do you think it is realistic? Why? Why not? Use scholarly research to support how media portrayals of crime are not always what they seem.
Purpose of the research methodology and analytic procedure : In general, the thesis proposal should include background information related to the research topic, purpose of the research, methodology, and analytic procedures to be used. Proposal drafting is considered a learning process and helps students av..

Reviews

Write a Review

Business Law and Ethics Questions & Answers

  Analyze how your teams diversity may have a positive or

write a 1050- to 1750-word paper identifying the types of diversity in your learning team.analyze how your teams

  Procuring personal property and community property

Locate an article, document, or other material, from this site, which discusses one of the following: Home purchase, Mortgage options and Planning issues

  Explain employment law case analysis - wright vs beverely

Explain Employment Law Case Analysis - Wright vs Beverely and When you look up the case online, the easiest way is to type the individual plaintiff

  How does procedural law differ from substantive

Describe - Procedural law. Provide an example. How does procedural law differ from substantive

  Discuss the basis of a breach of contract claim by college

Discuss the basis of a breach of contract claim by College against Contractors, any potential damages College could claim and the likely outcome of a lawsuit

  Lori received a credit card in the mail from a company that

lori received a credit card in the mail from a company that had taken her name and address from a white pages directory

  How would it affect our society going forward

How did and will the US downsizing its Army affect its effectiveness for the better or worse and how would it affect our society going forward?

  How do government regulatory agencies and laws impact

1.how do government regulatory agencies and laws impact business organizations? choose one or two specific governmental

  Marilyn was working at the quick stop she was dismissed for

marilyn was working at the quick stop. she was dismissed for allegedly stealing from the cash draw. marilyn deprived of

  What is the purpose or rationale of the law

What is the purpose or rationale of the law? How will the law affect day-to-day operations within human service organizations? What are the arguments for or against the law

  Explain how the common law and modern law differ

Give five examples of contracts between a minor and an adult that would result in a judge ruling that the minor could not avoid the contract. Explain the minor's duty to make restitution to the adult (when avoiding the contract). Also explain how ..

  Explain the structure of the appellate courts in your state

Include in your discussion an explanation of the jurisdiction (authority to hear cases) of these various trial courts. Specifically, explain in what trial court(s) in the state you would file specific types of claims. Additionally, explain the str..

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