Can destroyed item be claimed under compensation

Assignment Help Business Law and Ethics
Reference no: EM13824410

Problem:

Naiker has recently developed an interest in playing the piano. He wanted to buy a second hand piano to learn. Ahmad who owned a piano posted an offer by letter to Naiker on Monday 2 June as follows: "Good quality piano for sale $2,500. If you are interested in buying you must write to me." The letter Ahmad posted was delayed because of the postal strike and only reached Naiker on Thursday 5 June. When Naiker saw this offer he was overjoyed and in order not to miss the opportunity of buying the piano he immediately posted his letter of acceptance on Friday 6 June. Naiker's letter only reached Ahmad on Monday 9 June.

Meanwhile, Ahmad not receiving a reply from Naiker believed that he is no longer interested in buying the piano, sold it to Janice on Friday 7 June.

Since Ahmad is an accomplished pianist he organises concerts and plays the piano in these concerts. As usual he had booked the Emerald Concert Hall for his concert. But just one day before the concert Emerald Concert Hall was struck by lightning and the entire concert hall was burnt down. Ahmad had to cancel the concert and refund all the money paid by the audience. His piano which was brought to the Emerald Concert hall two days before the concert has also been destroyed by the fire.

a) Advise Naiker whether there is an enforceable contract?

b) Advise Ahmad whether he has any claim against Emerald Concert Hall in contract law?

Additional Information:

This question is from Law and it discusses regarding a condition in commercial law. The scenario is regarding a musician bringing in his piano to a concert hall and because of an unforeseen incident, the piano is destroyed. Can the musician sue the concert hall management for his destroyed piano? This question has been answered in the solution.

Total Word Limit: 1591

Reference no: EM13824410

Questions Cloud

What is the firm fixed charge coverage : A firm has operating profit of $210,000 after deducting lease payments of $30,000. Interest expense is $50,000. What is the firm's fixed charge coverage
Explore a time when you felt like other : Explore a time when you felt like "other"-when you were made to feel invisible, excluded, or too visible. Explore a time when a connection was made between you and an "other."
Functional orientation and its relation to logistics : Functional Orientation And Its Relation To Logistics
Discusses about accounts receivable staying the same : The problem belongs to Basic Accounting and it discusses about accounts receivable staying the same and credit sales going up
Can destroyed item be claimed under compensation : Naiker has recently developed an interest in playing the piano. He wanted to buy a second hand piano to learn. Ahmad who owned a piano posted an offer by letter to Naiker on Monday 2 June as follows: "Good quality piano for sale $2,500.
Identify the adaptive challenge the character faced : Identify the adaptive challenge the character faced and analyse how they responded to it. Consider the characters capabilities of sensemaking, visioning, relating and inventing.
Identify the legal issue in the case : Log into WestlawNext and use the default search box feature to locate this court opinion (737 F.2d 784). Provide the Bluebook citation, and then (in your own words) identify the legal issue in the case, state the court's conclusion as to that issu..
Calculation of total sales assuming all sales are on credit : XYZ's receivables turnover is 4x. The accounts receivable at year-end are $600,000. The average collection period is 90 days. The question belongs to Accounting and it discusses about calculation of total sales assuming all sales are on credit
Differing orientation of strategies for tactical transport : Differing Orientation Of Strategies For Tactical Transportation Decisions

Reviews

Write a Review

Business Law and Ethics Questions & Answers

  Legal environment of business caselet

The assignment in Law deals with the topic "Legal Environment of Business". A case study about Mary, a newly joined employee who is working in the USA and Europe. She faces few issues at her work place in Europe and tries to talk to her manager who s..

  Business ethics & legal issues caselet

This assignment is about the concept of Business Ethics & Legal Issues. The laws relating to these can be found in Antitrust laws. These laws are concerned with those large corporations which have a majority of market share, mergers and acquisitions.

  Questions on business law and ethics

Examples of securities that are exempted from the registration provisions of the 1933 Act and involving misstatement of material facts in a prospectus.

  Discuss the doctrine of ratification of pre-incorporation

With the aid of a decided cases, discuss the doctrine of ratification of pre-incorporation contract.

  Discuss the extent of phoenixing activity

It has been estimated that about 6,000 phoenix companies operate in Australia, costing government and the community hundreds of millions of dollars per year and impacting on individuals.

  Application of law to facts

Company Law, Application of Law to Facts and Conclusion.

  Question on business law and ethics

This assignment related to business law.

  Questions on business law

Answer all the questions under business law.

  Iidentify the issue raised by the facts

Iidentify the issue(s) raised by the facts, identify the relevant legal principles, apply the relevant legal principles to the facts, reach a conclusion.

  Evaluation of software development

Prepare a report and present an evaluation of the subsequent methodologies for software development in terms of cost, resources and time.

  Business value and ethics

Business value and ethics,  Bart agrees to put Sam's Super Bowl champion-ship autographed football in his sports store to sell for $1,500. Sam agrees to pay Bart a 15% commission for selling the ball. If Joe comes in the sports store and offers Bart ..

  Explain what is meant by income by ordinary concepts

Advise what tax consequences arise in respect of the payments.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd