ACCA Specimen exam question

Kamran, you appear to have developed the skill of finding really tricky questions to task my knowledge

I suppose that ‘A quotation of price’ COULD be accepted in order to form a binding contract but I could equally accept that ‘A quotation of price’ is merely the giving of information in response to a question about price and not, therefore, an offer capable of acceptance

When faced with a question lie this, I believe that my inclination would be to eliminate other options that are clearly wrong

For example:

A statement of intent is clearly not an offer capable of acceptance, because such a statement is merely indicative of a person’s mind at that particular time … and may not even be a correct reflection of that person’s thinking

An agreement to enter into a future contract is another way of saying ‘an agreement to agree in the future’ and, in English law, that’s not an acceptable proposition

So that leaves us with ‘a supply of information’ and that too is not an offer capable of acceptance

So, almost reluctantly, I’m left with ‘a quotation of price’ as being the only possible viable answer

….

but I don’t like it!

OK?

You have no idea of the mental athleticism that you are imposing on me 🙂

Just keep it ticking over – don’t overdo it – see if you can manage, say, 2 hours each day in 4 x half hour sessions. You should be fine … and let me know how you get on