Can i ask this question how to do?
1. On 3 March 2018, Azman wrote to Benny offering to sell to Benny his yacht, Lightning, for RM1 million. The letter expressly stated that if Benny did not reply by 10 March 2018, he would be deemed to have accepted the offer.
On 9 March 2018, Azman sent a letter to Benny revoking his offer. On 10 March 2018 Benny posted a letter to Azman accepting Azman’s offer. Azman’s letter of revocation reached Benny on 11 March 2008. Benny’s letter of acceptance reached Azman on 12 March 2018.
Benny wishes to know whether there is a valid contract between him and Azman for the sale and purchase of the yacht, Lightning.
Advise Benny under the law of contract on the following issues;
Discuss whether there is a binding contract between the parties
Ask the Tutor ACCA LW
BUSINESS LAW
6y ago
6y ago#1This sounds like a piece of homework to me! I'm not here to do your homework but if you tell me what your own thoughts are then I am happy to comment on those thoughts
OK?
6y ago#2i not sure how to do so i asking u for your opinion:(((
i not sure whether this is the valid contract because it say " if Benny did not reply by 10 March " but Benny post a letter on 10 Mar to accept Azman offer i know this is valid but it say
" Azman’s letter of revocation reached Benny on 11 March 2008. Benny’s letter of acceptance reached Azman on 12 March 2018."
i not sure this 2 sentence is it valid or not because Azman and Benny letter reach both party already after 10 Mar
so can u explain for me pls???
6y ago#3Acceptance by post (following the case Adams v Lindsell in 1818) is effective from the moment the acceptance letter is put into the postal system through the proper channels, properly stamped and addressed and both parties must have thought that post was an appropriate medium
Revocation is effective only when notified to the other party
Can you take it on from there?
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