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contract

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA LW Exams › contract

  • This topic has 1 reply, 2 voices, and was last updated 7 years ago by MikeLittle.
Viewing 2 posts - 1 through 2 (of 2 total)
  • Author
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  • August 25, 2017 at 1:02 pm #403489
    adarsh1997
    Participant
    • Topics: 646
    • Replies: 282
    • ☆☆☆☆

    Hi Mike!

    Could you explain the ideas of a standard form contract?

    If for example, I go to a shop and buy new mobile phone, then I presume it’s me who makes the offer and the sales person accepts it.
    How does standard form contract works in this situation?

    Thanks.

    August 26, 2017 at 7:34 am #403590
    MikeLittle
    Keymaster
    • Topics: 27
    • Replies: 23327
    • ☆☆☆☆☆

    I’m not convinced that it’s you that makes the offer!

    These are not goods in a shop window and nor are they goods on a supermarket shelf

    Is it not the case that you will go to a shop where you know mobile phones are available for sale and you will make your enquiry “Do you have any iPhone 6s for sale”

    The shop keeper says “Yes we do and we can offer one to you for just $8,273”

    Now it’s up to you to take it or leave it and to accept their standard form contracts

    Even it it IS you making the offer, the result is the same. Whatever you offer “I’ll pay you $4.22 for an iPhone 6”, that’s going to generate the counter offer of $8,273 and you’re back in the same take-it-or-leave-it situation

    OK?

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  • The topic ‘contract’ is closed to new replies.

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