oh mine... wat are those? so complicated...Originally posted by shade343:How do I answer these questions?
What is "communication of acceptance"??
Do you think the "postal rule" is a good rule? If not, suggest ways to overcome it.
This is a really difficult question....
On Tuesday, A offers to sell his Vertu to B for $20000. He asks B to reply in writing and promises to keep his offer open untill 12 noon on Thursday.
On wednesday,B posts a letter to A in which he agrees to buy the Vertu at $20000.
At 11am on Thursday, B realises that he has addressed the letter incorrectly. He telephones A, but the line is so bad that A cannot hear what B is saying. B then faxes A indicating his acceptance. Although B transmits the fax at 11.15 a.m, due to a power failure, the fax only reaches B at 12.30pm. In the meantime, B has agreed to sell C the Vertu for $21000 at 11.45a.m on Thursday. Consider the Legal position.
1)Does A have to keep the offer open untill 12pm on Thursday as he has promised??
2)Can B sue A for selling the Vertu away to C?
Im perplexed over these questions...can someone help me?![]()
geez these are sooo long ago even since i touches them.. hahaha... think the postal rule says that so long the letter is out, will be considered as sent. think may need to bring in today's technology? and go dig out some cases as precedent...Originally posted by shade343:How do I answer these questions?
What is "communication of acceptance"??
Do you think the "postal rule" is a good rule? If not, suggest ways to overcome it.
This is a really difficult question....
On Tuesday, A offers to sell his Vertu to B for $20000. He asks B to reply in writing and promises to keep his offer open untill 12 noon on Thursday.
On wednesday,B posts a letter to A in which he agrees to buy the Vertu at $20000.
At 11am on Thursday, B realises that he has addressed the letter incorrectly. He telephones A, but the line is so bad that A cannot hear what B is saying. B then faxes A indicating his acceptance. Although B transmits the fax at 11.15 a.m, due to a power failure, the fax only reaches B at 12.30pm. In the meantime, B has agreed to sell C the Vertu for $21000 at 11.45a.m on Thursday. Consider the Legal position.
1)Does A have to keep the offer open untill 12pm on Thursday as he has promised??
2)Can B sue A for selling the Vertu away to C?
Im perplexed over these questions...can someone help me?![]()
A said that B must reply in WRITING....fax also applies right>?Originally posted by jell_o:go and read "singapore business law" by benny tabalujan ba.
but erm for an acceptance to be effective, it must be communicated to the offeror. however, there are 3 situations where acceptance need not be communicated and the postal rule is one of them.
it seems that in the postal rule, acceptance is deemed to be effective as soon as the letter is posted, regardless as to when it reaches the offeror or whether it reaches him at all.
oei....but B wrote the wrong address horh...hmm...
as for the fax thingy, A said that B must reply through Mail rite? then i suppose B cannot expect A to know that B is replying through Fax ba..
sorry ah, try to help but i suck in law too..
My homework.Originally posted by the.raven:wtf is this Shit?
no, you suxorz, stfu n00b!!Originally posted by the.raven:wtf is this Shit?
omgwtf, u stfu n00b.Originally posted by DriftingGuy:no, you suxorz, stfu n00b!!![]()
yes A has to keep the offer open.Originally posted by shade343:How do I answer these questions?
What is "communication of acceptance"??
Do you think the "postal rule" is a good rule? If not, suggest ways to overcome it.
This is a really difficult question....
On Tuesday, A offers to sell his Vertu to B for $20000. He asks B to reply in writing and promises to keep his offer open untill 12 noon on Thursday.
On wednesday,B posts a letter to A in which he agrees to buy the Vertu at $20000.
At 11am on Thursday, B realises that he has addressed the letter incorrectly. He telephones A, but the line is so bad that A cannot hear what B is saying. B then faxes A indicating his acceptance. Although B transmits the fax at 11.15 a.m, due to a power failure, the fax only reaches B at 12.30pm. In the meantime, B has agreed to sell C the Vertu for $21000 at 11.45a.m on Thursday. Consider the Legal position.
1)Does A have to keep the offer open untill 12pm on Thursday as he has promised??
2)Can B sue A for selling the Vertu away to C?
Im perplexed over these questions...can someone help me?![]()
Originally posted by M©+square:Homework = Shadey wants to sue someone under no intention of buying a vertu?![]()
Biz Law important leh.Originally posted by shinta:![]()
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dun liddat lar... biz law... suckz u noe?
i prefer criminal law.. easier to learn LOL
provided u get the chance to exploitOriginally posted by M©+square:Biz Law important leh.
Can know how to exploit the loopholes and get rich.![]()
tts the thing...A promise to keep the offer open, but I remeber learning something called "consideration" so what have B done or promised that can be considered as consideration to A??Originally posted by shinta:yes A has to keep the offer open.
yes b can sue a for sellin the vertu cos he faxed the thing indicating his acceptance at 11.15am tho the fax reached at 12.10am
for the reason behind this pls refer to ur legal notes or text it's stated there.
Nono...I no sue pplOriginally posted by M©+square:Homework = Shadey wants to sue someone under no intention of buying a vertu?![]()