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contract law

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

  • This topic has 1 reply, 2 voices, and was last updated 8 years ago by MikeLittle.
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  • March 13, 2017 at 3:11 pm #378043
    tony0117
    Member
    • Topics: 56
    • Replies: 12
    • ☆☆

    1. For example, when someone is selling a painting, is it a counter-offer when one says ‘I will buy the painting after authenticating with my expert’?

    2. ‘I will help you leave if you give me your chair when you leave.’ Is this statement an offer? Will the contract be binding even when he decides not to leave?

    Always appreciate your help!

    March 13, 2017 at 3:42 pm #378051
    MikeLittle
    Keymaster
    • Topics: 27
    • Replies: 23309
    • ☆☆☆☆☆

    1 – yes, it’s certainly not acceptance because acceptance must be complete and unconditional

    2 – what a strange arrangement! I suppose that consideration is moving from both parties (helping and giving respectively)

    And, yes, I suppose that it would be binding although there really should be some sort of time period involved … otherwise the poor sitter is there forever!

    OK?

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

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