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

Leadership skills in decision making, QUESTION Explain the followings t...

QUESTION Explain the followings terms with examples- a) Crisis Problems, Structured Problems, Unstructured Problems b) Ethics in decision making c) Leadership skills i

Material handling systems, Material Handling Systems Meaning and Defi...

Material Handling Systems Meaning and Definition  In  a manufacturing  firm  the raw  materials  are obtained  from the suppliers  and are stored  in the stores room.  Th

What is manufacturing process in 1948s factories act, What is manufacturing...

What is manufacturing process in 1948s factories act? Manufacturing Process: A process for • Making, altering, finishing, repairing, packing, cleaning, washing or else treat

Goverment companies, #what is a goverment compony&futures of advantages& di...

#what is a goverment compony&futures of advantages& disadvantages

Explain three ways to promote a website, QUESTION E-Marketing is the us...

QUESTION E-Marketing is the use of digital technologies to help promote and sell goods or services. It is described as a revolution for the marketing industry. (a) List and

Controls on the production systems, Controls on the production systems: ...

Controls on the production systems: 1. No inventory is moved unless authorized to be so by a move card. 2. Each bin contains a fixed exact quantity of inventory no mor

What conclusions can you draw, QUESTION (i) Write short notes on a. ...

QUESTION (i) Write short notes on a. Callable Bonds b. Yield to Maturity c. Zero-Coupon Bonds (ii) Consider a bond with a 12% coupon rate and paying interest semi-a

Micro developments in business, Micro credits have recently been promoted i...

Micro credits have recently been promoted in Europe to deal with the problem of unemployment and encourage economic growth. This has been done by providing an opportunity for both

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