• Postal Rule Essay
    general rule governing the acceptance of an offer is well established to be that acceptance is not effective until it is communicated to the offeror[1] However, an equally well established exception to this general proposition is the postal acceptance rule. Although the postal acceptance rule is deeply...
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  • Business Law
    BUSINESS LAW ESSAY PLAN ➢ Acceptance must be communicated to be effective. ➢ Where the parties contemplate acceptance by mail, acceptance will be complete as soon as the letter is properly posted. Postal rule definition ➢ Actual communication versus constructive communication ➢ Actual...
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  • Contract Law
    International Commercial Law and Technology Vol.2,Issue 1(2007) The Postal Acceptance Rule in the Digital Age∗ Dr. Marwan Al Ibrahim Asst. Professor in commercial and Company law, Amman Arab University for graduate studies – Jordan Dr.Ala’eldin Ababneh Assistant Professor in Private Law at Amman Arab...
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  • Discuss Whether the Postal Rule Should Continue to Be Applied, and the Scope of Communications Methods(If Any) That Should Be Covered by the Rule
    | |BML1105 – Business Law | |ASSESSMENT : RESEARCH ESSAY | | | |Discuss whether the postal rule should continue to be applied...
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  • Contract Act 1950 of Malaysia
    www.ccsenet.org/jpl Journal of Politics and Law Vol. 4, No. 1; March 2011 Clarification of Rules of Acceptance in Making Business Contracts Dr. Md. Abdul Jalil Associate Professor of Law Department of Business Administration, Faculty of Economics and Management International Islamic University...
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  • Postal Rule
    people can easily receive and send out a message and even a contract. The purpose of this research essay is to explain the detail of postal rule. The brief definition of postal rule is a rule of contract law that makes an exception to the general rule that an acceptance is only created when communicated directly...
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  • Business Law Case
    of contract law of business law. The rule regarding to buying goods from others about is whether it is an offer or invitation to treat (ITT), whether an acceptance exist or not. state the law and source of this law A contact is an agreement which legally binds the parties. Sometimes contracts are...
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  • Common Law
    describing Bill and James legal position according to their activities, the formation of a contract has given below in Figure 1: [pic] By the formation of contract, the legal position of Bill and James has been analysed as following: Invitation to...
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  • Business Law
    1. What is a Contract? Classify the types of contracts with suitable examples. Ans. A contract is an agreement reached between two or more persons involving the exchange of some goods or services .There are some key requirements for the establishment of a contract: * An offer & an acceptance ...
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  • Law Ia
    Postal rule The Postal rule is an exception to the general rule of contract law in regard to the acceptance, which states that “acceptance in not effective until communicated to and received by the offeror”. The postal rule states that, by contrast, that acceptance takes effect when a letter is posted...
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  • Law Q. 1-7
    rescind the contract. Advise her of her legal position. Area of Law: Innocent Misrepresentation A misrepresentation is a fake statement of fact, which induces the other party to enter into the contract; it may be fraudulent, innocent or negligent. To have a damaging effect on the contract the following...
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  • Business Law - Communications
    Business & Company Law – ’11-’12 – Question 1 Introduction: Whenever a contract is to be formed, there are certain elements which should meet the requirement in order for it to be established. They are offer, acceptance (agreement), consideration and intention. * Definition: Agreement – Is...
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  • Contract Formation
    of a contract Contract: a promise or set of promises which the law will enforce. There are Six elements of a valid contract: 1) intention to create legal relations 2) agreement 3) consideration 4) legal capacity 5) genuine consent 6) legality of objects Must a contract be in...
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  • E-Mails – Instantaneous or Not
    CONTENTS 1. Introduction …………………………………………………………….. 1 2. The Postal rule …………………………………………………………. 2 1. Background ……………………………………………………. 2 2. Exceptions to the Postal…………………………………...… 2 2. Which Rule Should Apply to E-mail Transactions: E-mails – Instantaneous or...
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  • cost
    offeree (businessdictionary.com, no date). On the other hand, an invitation to treat is not an offer as it is an invitation to make an offer. For example, display of the product and advertisement can be an invitation to treat. What Peter placed a notice in the window of an art gallery is trying to make...
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  • Offer and Acceptance
    Business Law: Offer and Acceptance. For a simple contract to be valid one party must make an offer and the other party accept it. ‘An offer is made where a person (the offerer) unequivocally expresses to another (the offeree) his willingness to make a binding agreement on the terms specified by him...
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  • Exam Notes
    Exam Preparation Business Law exam is an open-book exam. How do you prepare for an open-book exam? Prepare a set of detailed revision notes which include materials from lectures, tutorials and textbooks These notes should include:- each topic of the law studied in the subject definitions...
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  • Business - the Law of Contract
    | |The Law of Contract : Offer and Acceptance | Phyllis is a manufacturer of office equipment, having developed a revolutionary new scanner. On 19th June Phyllis wrote to Chris and Harry, both wholesalers...
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  • Contract Law
    after every assessment) SECTION A: TO BE FILLED BY THE STUDENT Section A: Student Name: TAHIR.M.SULTAN Unit Name: COMMON LAW Term: JAN-APR 2012 Assignment Title: CASE STUDY “BUSINESS AGREEMENT” Due Date: FEB 5 2012 Date Submitted: 02/03/2012 (if different) SECTION B: TO BE FILLED...
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  • Contract Law
    The case of Edward is directly related to “the postal rule”. The postal rule states that, where the use of the post is within the contemplation of both parties, the acceptance is complete and effective as soon as a letter (if it is correctly addressed and stamped and actually put...
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