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Hello Sir Mike
I have problem here
that the claimant is a legal neighbour of the alleged negligent auditor
What is meant by a legel neighbour and alleged negligent auditor?
ThanksThanasis owns an art gallery called Kappis Art. On Monday he placed a notice in the window of his gallery that said “2 copies of a very rare Anderson print – $4,000 each”
Constantinos and Georgia were keen to acquire the prints but thought that the price was too high. They each offered Thanasis $3,500 but he refuses to sell the prints at that price, although he does say that he will accept $3,800. He also says that, in order to give them time to think about it, he will leave the offer open until midday the following Monday if they each will pay $100 immediately.
Both Georgia and Constantinos agree and hand over their $100s to Thanasis. On the Saturday of the same week, Georgia and Constantinos were called away to Athens on business but before they left they each mailed a letter saying that they would buy a print at the price of $3,800
Georgia’s letter arrived at 09.30 on Monday morning but Constantinos’ letter was delayed and didn’t arrive until Tuesday. As it happened, Thanasis had already sold both prints during the weekend.
Thanasis can be required to purchase a replacement Anderson print to satisfy Georgia’s claim.
Is this statement true or false? (1 mark)
True
False
My answer is false. I thought that Thanasis should be liable to $100 because it is an additional contract made on the term of the 1st contract which is he just liable. But my answer is wrong. Please sir guide me how to deal here. ThanksThe option period is enforceable because it was supported by consideration
Georgia did notify Thanasis before Monday midday so is able to claim a picture from Thanasis
Constantinos cannot claim a picture because his notification did not arrive before Monday midday
Hello Sir Mike
I have problem here
that the claimant is a legal neighbour of the alleged negligent auditor
What is meant by a legel neighbour and alleged negligent auditor?
ThanksI define the expression “legal neighbour” in the recorded lectures! If you’re doing English law variant, there is everything you need within the notes and lectures!
Dear Mike,
Further to this,
My understanding is that ‘post’ in this case is not a suitable method as they did not begin initial contact and discussion via the post. Therefore why are is her acceptance via post valid?
Thanks in advance
Because it was received in time – the point here is that the postal rule is ineffective so Constantinos is unable to rely on the postal rule of acceptance being effective from the time of posting. It is only effective from the moment it is received
Dear Sir, Would like to ask uabout MTQ. when we answer the MTQ in the CBE exam do we need to write with computer? or are there same as MCQs (choose the answer only)? Thanks Merry Christmas sir.
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