Advise steve, mary, julie and dave as to their rights

Assignment Help Business Law and Ethics

Reference no: EM133499830

Question: Steve runs a business selling expensive cars. Last Monday he mistakenly placed a notice on one car indicating that it was for sale
for £5,000 when in fact its real price was £25,000. Mary later noticed the sign and, recognising what a bargain it was, immediately indicated to Steve that she accepted the offer and would take the car for the indicated amount. Steve, however, told Mary that there had been a mistake and that the true price of the car was £25,000. Mary insisted that she was entitled to get the car at the lower price, and when Steve would not give it to her at that price Mary said that she would sue Steve.

After Mary had left, Steve changed the price on the car to £25,000 and subsequently Julie came in and said she would like to buy the
car, but that she would have to arrange finance.

On Tuesday Dave came by and offered Steve the full £25,000 cash there and then and Steve sold it to him.

Advise Steve, Mary, Julie and Dave as to their rights and liabilities in the law of contract. Use cases to support your answers.

Reference no: EM133499830

Questions Cloud

Calculate who would pay whom what amount : Calculate who would pay whom what amount if two children lived with Kareem, and one child lived with Dwani. HINT: calculate child support for each spouse

What process use by the chino valley unified school district : What process used by the Chino Valley Unified school district in CA to assess the needs of young children? What are the steps and timeline requirements?

Why important to focus on meaning-making language teaching : Why is it important to focus on meaning-making in language teaching? How can you maintain a focus on meaning-making in listening, speaking, reading and writing.

Determining essential ksao on the conducting a job : Determining Essential KSAO's on the Conducting a Job Analysis section that begins on page 53 of your textbook. Nothing should he taken word for word

Advise steve, mary, julie and dave as to their rights : Advise Steve, Mary, Julie and Dave as to their rights and liabilities in the law of contract. Use cases to support your answers.

What implications does that statement have for thinking : What implications does that statement have for thinking beyond measuring a table length? What we'll have to do to avoid flawed or biased thinking?

What was one good thing or one challenge you experienced : What are the most important concepts you learned and how does it apply to your life? What was one good thing OR one challenge you experienced?

Advise them on the legal status regarding joint ownership : Bob Kuto and ben zawadi wish to jointly acquire shares in miereka company lyd. advise them on the legal status regarding joint ownership of shares

Explain the importance of play in developing language : Explain the importance of play in developing language and literacy skills in young children. What types of materials will you need in each center/area?

User Account

All Pages