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

Restatement of the fundamental rule, Restatement of the fundamental rule: ...

Restatement of the fundamental rule: In Bray v Ford Lord Herschell stated that the aforesaid rule is not "founded upon principles of morality" but is based on the consideratio

Invitation to treat - law of contract, Invitation to Treat - Law of Contrac...

Invitation to Treat - Law of Contract Well this is a mere invitation through a party to another or others to make offers.  Another time the offeror become offeree and invitee

Increasing the risk rating of building and construction, Q. Increasing the ...

Q. Increasing the risk rating of building and construction? Stakeholders indicated that there is a significant risk of phoenix activity in the building and construction industr

Approval of the scheme - mergers and winding up, Approval of the scheme - m...

Approval of the scheme - mergers and winding up: A scheme of arrangement was agreed between Hambros and Hellenic whereby the shareholders of Hellenic were to have their shares

State preamble of the united nations charter, State Preamble of the United ...

State Preamble of the United Nations Charter 'We the Peoples of the United Nations determined to save succeeding generations from the scourge of war...and to reaffirm faith in fu

Characteristics of contract of guarantee, Characteristics of Contract of Gu...

Characteristics of Contract of Guarantee (a) There have be three parties: as the creditor, as the debtor and as like the surety or like guarantor. (b) There have be as a pr

Define the term - authoritative government decision, Define the term - auth...

Define the term - authoritative government decision We can sum up by way of saying that the intent to implement a policy is not the same thing as a real policy. Failure to impl

Foundations of law, Mr. D is a professional basketball player who orders so...

Mr. D is a professional basketball player who orders some shoes through the mail. The mail order house promises all customers delivery within 30 days of receiving the order. Mr. D'

What is the principal-agent paradigm, What is the principal-agent paradigm ...

What is the principal-agent paradigm Controversies on the decisions of many state governors and other ministers can be cited as examples. Such behaviour reflects their willing

Describe the four-step planning process, Question 1: One important caus...

Question 1: One important cause of ineffective public relations efforts is the lack of planning. Using evidence from any organization, describe the four-step planning process t

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