Advise the parties, Business Management

Assignment Help:

On the 10th of March 2009 Moot enterprise Ltd posted an offer to sell 1,000 set of encyclopedias to the Ministry of Education for the price of Rs 1,000,000 and that the offer would remain valid up to 31st of June 2009. On the 20th of March 2009, Mr Luck the Permanent Secretary of the Ministry phoned Moot Enterprise Ltd and asked whether he would be allowed three months credit. The manager of Moot enterprise Ltd replied that payment should not be be made cash on delivery. On the 25th of June Moot enterprise Ltd sold the consignment to a private school. On the 30th of June 2009 Mr Luck wrote to Moot enterprise Ltd and accepted the offer. The letter was received by Moot enterprise Ltd on the 1st of July 2009 and the manager immediately phoned Mr Luck and informed him that the sets of encyclopedias had been sold and similar encyclopedias were not available. Advise the parties as to whether or not a contract has been created.


Related Discussions:- Advise the parties

Important terms in the workmen compensation act 1923s, What are the importa...

What are the important terms in the workmen compensation act 1923s? Workmen Compensation Act 1923: The significant terms into the Workmen Compensation Act 1923 are as illustrat

Benefits from preventive maintenance, a. Reduction of the total time an...

a. Reduction of the total time and consequent reduction in production losses. b. Reduction nin the number or major repairs and consequently reduced maintenance expens

Classification and identification of inventories, The inventory includes st...

The inventory includes stocks of raw materials semi finished goods finished and components etc, of several description. In order to facilitate prompt recording locating and

What are the some affected factors in morale, What are the some affected fa...

What are the some affected factors in Morale? Several affected factors in Morale are as follows: a. Organisational efficiency b. Objects of the organization, which is, wh

Contemporary Management, I''m kindly asking to make an assignment against "...

I''m kindly asking to make an assignment against "Contemporary Management Issues" in maximum words of 2,500 words as per the attachment. kindly try to finish them as soon as possib

Planning for Long-Term Success, You are to write a three to four (3–4) page...

You are to write a three to four (3–4) page paper that answers the following: Once an organization has identified its business foundation, it begins the process of developing

What are the objectives of the trade unions, What are the objectives of the...

What are the objectives of the trade unions? The Objectives of trade unions are illustrated below: a. To take labour out of the competitive procedure; because when a number

Identifying and responding to consumer needs, 1. Increasing the organizat...

1. Increasing the organization ability to compete with rival firms and remain competitive over the long run. JIT allows organizations to develop an optimal process ( well in

Define what is meant by value analysis, "Only projects with a positive NPV ...

"Only projects with a positive NPV should be considered and projects with a negative NPV should be discarded". Briefly discuss this statement. Define what is meant by 'Value A

What is the meaning of term entrepreneurship, What is the meaning of term E...

What is the meaning of term Entrepreneurship? Meaning of Entrepreneurship: Entrepreneurship refers to a process of action an entrepreneur undertakes to establish h

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