Identify the key elements of contract in issue

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Reference no: EM133856474

Question

Identify the key elements of contract in issue in Scenario. Use memorandum template, provide a short analysis of this matter using the IRAC approach. Cite at least one case to support your analysis using the AGLC rules for citation. using this Useful cases for this scenario include: Goldsbrough Mort & Co. Ltd v Quinn (1910) 10 CLR 674 Long

Fatma Shute, a photographer, is interested in purchasing photographic equipment from Jacques Henri, who is retiring. After negotiating, Jacques offers to sell the equipment to Fatma for $25,000. Fatma agrees, but needs time to organize finance. Jacques holds the offer open until 21 October, and Fatma gives him $100 to secure the deal. On 18 October, Jacques revokes the offer, stating he has higher offers. Fatma protests but is aware that the equipment is still with Jacques. Fatma requests legal advice on her rights and remedies.

Reference no: EM133856474

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