LIMITED TIME OFFER – Get 40% OFF on KNOWLEDGE LEVEL – Click Here
For example: -10234.35
No other characters, including commas, are accepted.
Dell Ltd placed the above notice in the January edition of its company journal to request help in solving a problem with one of its computer products – the Meg.
Peter, who was married to an employee of Dell Ltd, read the journal and thought that he could solve the problem, so started work on it. Fred, employed by Dell Ltd, also saw the advert and decided to work on it. Fred solved the problem, but before he could notify Dell Ltd, the company decided to cancel the Meg product and placed a note in the March edition of its journal cancelling the reward.
TASK 01Which of the following statements is correct?
TASK 02The offer of a reward creates which type of contract?
TASK 03Which of the following statements is correct?
Kim happened to notice the lamp as he walked past the shop and thought he would like to have it. Unfortunately, as he was late for an important meeting, he could not go into the shop to purchase it, but as soon the meeting was over, he wrote to Rex agreeing to buy the lamp for the stated price of £400. The letter was posted at 12.00pm.
Just before closing time of the shop at 5p.m, Dolly came into Rex’s shop and she also offered £400 for the Lamp. This time Rex agreed to sell the lamp at that price to Dolly and she promised to return the following Tuesday with the money. On the Tuesday morning, Rex received the letter from Kim before Dolly could arrive to pay and collect the lamp.
TASK 01Select the TWO correct statements.
TASK 02Select the TWO correct statements.
TASK 03Select the TWO correct statements.A. The shop window sign and display are an offer.B. Kim’s letter to Rex is an acceptance.C. Kim’s letter to Rex is an offer.D. The shop window sign and display are an invitation to treat.
'For commercial delivery use only. The use of these facilities is strictly at your own risk and Peanut Ltd accepts no liability whatsoever for any damage or injury sustained by either those using this facility or their vehicles or property, no matter how caused.'
TASK 01Which TWO of the following are characteristics of valid exclusion clauses?
TASK 02Will Tommy receive damages from Peanut Ltd in respect of the following:
TASK 01Select the correct statements.A. If Cid had alerted Dexter, Dexter would have been liable for the loss of profits.B. If Cid had alerted Dexter, Dexter would have been liable for the loss of profits.C. Cid did not alert Dexter therefore Dexter was liable for the loss of profits.D. Cid did not alert Dexter; therefore, Dexter was not liable for the profits.
TASK 02‘There are two factors to consider in determining the amount of unliquidated damages.’
Answer the following regarding the above statement.
Your email address will not be published. Required fields are marked *
Save my name, email, and website in this browser for the next time I comment.