• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar
Free ACCA & CIMA online courses from OpenTuition

Free ACCA & CIMA online courses from OpenTuition

Free Notes, Lectures, Tests and Forums for ACCA and CIMA exams

  • ACCA
  • CIMA
  • FIA
  • OBU
  • Books
  • Forums
  • Ask AI
  • Search
  • Register
  • Login
  • ACCA Forums
  • Ask ACCA Tutor
  • CIMA Forums
  • Ask CIMA Tutor
  • FIA
  • OBU
  • Buy/Sell Books
  • All Forums
  • Latest Topics

June 2025 ACCA Exam Results

Comments & Instant poll >>

20% off ACCA & CIMA Books

OpenTuition recommends the new interactive BPP books for June 2025 exams.
Get your discount code >>

chapter four lecture part four

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA LW Exams › chapter four lecture part four

  • This topic has 3 replies, 2 voices, and was last updated 8 years ago by MikeLittle.
Viewing 4 posts - 1 through 4 (of 4 total)
  • Author
    Posts
  • June 11, 2017 at 4:48 pm #392744
    iloveaccountancy
    Member
    • Topics: 119
    • Replies: 111
    • ☆☆☆

    Hi Mike.

    In the Chapter Four lecture (part four) you mention an exam question regarding revocation of contract. A man overhears a person in another party say that he would give £400 to a person who swims across a harbour and back. A child falls into the harbour and the man rescues the child by swimming back and forth in the harbour. So the man is entitled to the reward (although the person tries to revoke it before the man saves the child).

    What confuses me if that there is no indication of acceptance of offer (silence on the man’s behalf is not acceptance). How is his claim of the reward valid? How is this different for someone advertising a reward for a lost pet on a poster? Also his intention was to save the child, not fulfil the challenge.

    Thank in advance for your help.

    June 11, 2017 at 5:57 pm #392754
    MikeLittle
    Keymaster
    • Topics: 27
    • Replies: 23327
    • ☆☆☆☆☆

    “How is his claim of the reward valid?”

    Acceptance by action

    “How is this different for someone advertising a reward for a lost pet on a poster?”

    It isn’t really, if you think about it! It’s a “reward” case – like Carlills (there was no notification of acceptance by Mrs Carlill either)

    “Also his intention was to save the child, not fulfil the challenge.”

    Motivation is irrelevant – knowledge of the offer is sufficient

    And besides, he DID fulfill the challenge!

    OK?

    June 12, 2017 at 9:01 am #392819
    iloveaccountancy
    Member
    • Topics: 119
    • Replies: 111
    • ☆☆☆

    Hi Mike. Thank you for explaining.

    But if motivation is irrelevant, what about the cases with the angry girlfriend and the man who was on death row? they could not claim rewards because their motivations were something else.

    June 12, 2017 at 1:58 pm #392853
    MikeLittle
    Keymaster
    • Topics: 27
    • Replies: 23327
    • ☆☆☆☆☆

    But motivation is irrelevant! It’s knowledge of the existence of the reward that matters

    OK?

  • Author
    Posts
Viewing 4 posts - 1 through 4 (of 4 total)
  • The topic ‘chapter four lecture part four’ is closed to new replies.

Primary Sidebar

Donate
If you have benefited from our materials, please donate

ACCA News:

ACCA My Exam Performance for non-variant

Applied Skills exams is available NOW

ACCA Options:  “Read the Mind of the Marker” articles

Subscribe to ACCA’s Student Accountant Direct

ACCA CBE 2025 Exams

How was your exam, and what was the exam result?

BT CBE exam was.. | MA CBE exam was..
FA CBE exam was.. | LW CBE exam was..

Donate

If you have benefited from OpenTuition please donate.

PQ Magazine

Latest Comments

  • sallauddinsk on Financial management objectives – ACCA Financial Management (FM)
  • kmottea on IASB Conceptual Framework – Introduction – ACCA Financial Reporting (FR)
  • kmottea on IASB Conceptual Framework – Introduction – ACCA Financial Reporting (FR)
  • Hamza101 on Sub-leases – ACCA (SBR) lectures
  • AdityaSairam on Overcapitalisation and Overtrading – ACCA Financial Management (FM)

Copyright © 2025 · Support · Contact · Advertising · OpenLicense · About · Sitemap · Comments · Log in