Reference no: EM133101103
ACBUS201A Commercial Law - TAFE NSW
Commercial Assessment
Event - Portfolio
Portfolio Activity
Jerry spotted a lovely blackwood bookcase in an antique shop owned by Julie, which had a price tag of $5,000. Jerry approaches Julie and tells her that he cannot accept her offer of $5,000 on the price tag but he can take the bookshelf for $3,000. The conversation then had is as follows:-
• Julie says "that isn't possible but how about $4,500?"
• Jerry says "no, how about $4,000?"
• Julie says "no, if you don't like my prices you are free to shop somewhere else"
• to which Jerry replies "Ok then, I will accept your price of $4,500."
Julie does not reply but turns to serve another customer, as Jerry steps away from the counter to take a call on his mobile phone.
Following his telephone call, Jerry turns back to Julie to pay for the bookcase but Julie says she has already sold it to Katherine for $5,000. Jerry is furious and says that he and Julie had a contract and that the bookcase was his. Advise Jerry and Julie giving reasons for your answer.
You must only apply Contract Law principles. Ignore the operation of Sale of Goods Act and Australian Consumer Law (ACL).
Note: Use Harvard AGPS for references
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