Unsw Legt1710 Week 5 Tutorial Essay

1510 words - 7 pages

Problem 1:
Under contract of sale dated April 30, 2013, the purchasers, Chris and Marie, agreed to purchase a two bedroom home unit from Simon, the vendor. Max was the conveyancer acting for the vendor. Completion date was June 15, with time the essence of the contract.
Due to problems in obtaining finance, Chris and Marie phoned Max’s office on June 8, requesting a week’s extension of the completion date. Max was not available but the secretary said “I think that will be alright, but I’ll get instructions.”
On June 16, Chris and Marie received a letter from Max advising that the contract had been rescinded. The following day, Max refused a tender of the purchase price from the ...view middle of the document...

Therefore, it is not possible for the purchasers to raise a promissory estoppel to stop the vendor from rescinding the contract.
In conclusion, Christ and Marie will not able to raise the promissory estoppel in order for the vendor to sell them the property.
2. Would your answer be any different if the purchasers had spoken to Max personally and were told “No problem, I know the vendors are in no hurry”, while in fact he had obtained no instructions from them on the matter.
Yes. If the purchasers had spoken to Max personally and were in fact received a clear promise from Max, the purchasers would able to give raise of a promissory estoppel to stop Max from rescinding the contract and the vendor would require to sell them the property according to the contract of sale. Even Max had obtained no instructions from the vendors, as the conveyancer for the vendor, Max would have the authority to act on behalf of the vendor itself.

Problem 2:
Roger is in business selling high level office equipment. The following events took place:
1 May: Roger was speaking to his brother, Andy, who has an office in Sydney, about a new printer that Roger had in stock.
Andy: “How much is it?”
Roger: “The lowest price I would consider is $1000.”
Andy: “I’ll take it.”
Roger: “OK, you can have it for $1400.”
Andy: “But you said $1000. We now have a contract for that price.”
Roger: “We don’t have a contract. The price is $1400. I only have one in stock, but I’ll give you first option at $1400 if you let me know in person by 6 May.”
2 May: Andy told his friend, Maria, that he intended to buy the printer. Later that day, Maria told Roger that Andy intended to buy the printer.
3 May: At 1:00pm, Roger, forgetting his conversation of 2 May with Maria, offered to sell the printer to Jim for $1300. Jim replied “If you don’t hear from me by 5:00pm today, you can assume I accept”.
Roger did not respond to this. Jim did not contact Roger again that day.
At 4:00pm, Roger sent an email to Jim promising to also give Jim a large quantity of free paper if
Jim agreed to buy the printer. Jim read that email at 6pm.
4 May: Roger changed his mind about selling to Andy. As he could not contact Andy by telephone, Roger telephoned Maria and asked her to tell Andy that Roger would no longer sell to him.
5 May: Maria told Andy that Roger did not want to sell him the printer. Andy was not sure whether to believe her.
Andy phoned Roger agreeing to buy the printer. During their conversation Andy said:
“1. We had a contract for the printer at $1000 on 1 May;
2. If not, then we had a contract for the printer at $1400 on 2 May;
3. If not, then we now have a contract for the printer at $1400.”
Roger is confused and seeks your advice.
Advise Roger whether he has a contract to sell the printer to Andy or Jim.

There are four parties to the case which is Roger, Andy, Jim and Maria. On 1 May, Roger is trying to sell Andy his printer and Andy assumed that Roger is...

Other Papers Like Unsw Legt1710 Week 5 Tutorial

ACC 548 Complete Course Material Essay

1359 words - 6 pages 548 Week 5 Learning Team Assignment Reporting Requirements Memo ACC 548 Week 6 Individual Assignment Comprehensive Annual Financial Report Budget Analysis ACC 548 Complete Course Material Follow Link Below To Get Tutorial homeworklance.us/downloads/acc-548-complete-course-material-hl/ Description: ACC 548 Week 1 Individual Assignment Comprehensive Annual Financial Report Briefing ACC 548 Week 2 Learning Team Assignment Text Problem

Marketing Course Outline

4266 words - 18 pages   assessed  1, 2, 4 to 6         1, 2, 4 to 6     1, 2, 4 to 6 2,3, & 5   Scheduled/  Due Date    8%          4%      8%  25%  Group          Individual      Individual Group   Length  600 words/  20 minutes              45 minutes  Stage 1:  1500 words  (20% of 25%)    Stage 2:  3000 words  (80% of 25%)  N/A  2 hours  Weeks 2,3,4 Weeks 8,9,10      Throughout  the course      Week 6 Week 5,       Week 12,     to be advised Formal UNSW

Course Outline

1667 words - 7 pages Examination Closed Book (2 hours) Value Assignment 1: Tutorial Week 6 (5%) Assignment 2: Tutorial Week 7 (5%) Assignment 3: Tutorial Week 8 (5%) Assignment 4: Tutorial Week 9 (5%) 20% (cumulative) Objectives Assessed Provide feedback for the full report. 30% 2,4,5,6 50% 1,2,3,4,5 Note: Tutorial Assignments are to be submitted in Tutorials. No extensions are given on these. Monday 9th May, 2pm. Assignment

Multi-Variate Regression

1843 words - 8 pages Volume of background reading in the recommended texts Assignment marks achieved – low marks produce attendance 5 An Example How suitable are these other factors? Suitable •  •  •  •  Tutorial week: this is equivalent to the passage of time Students’ perception that the tutorial will help them pass Weather conditions: seems likely to have an impact Amount of reading required . . . . . . . . large amounts may increase or decrease attendance

Mgt 521 Complete Class

404 words - 2 pages ) * MGT 521 Week 5 DQ 3 (With 3 Responses) * MGT 521 Week 5 DQ 4 (With 3 Responses) * MGT 521 Week 5 Team Leadership * MGT 521 Week 5 Summary (With 2 Responses) * MGT 521 Week 5 Quiz or Knowledge Check * MGT 521 Week 5 Complete * MGT 521 Week 6 Personal Professional Development Plan * MGT 521 Week 6 Planning and Measuring Performance * MGT 521 Week 6 Quiz or Knowledge Check * MGT 521 Week 6 Complete Click this link to Get complete A++ Tutorial Visit here: - www.StudenteHelp.com

ACCT 504 Accounting and Finance Managerial Use and Analysis

1091 words - 5 pages ACCT 504 Accounting and Finance Managerial Use and Analysis Follow Link Below To Get Tutorial homeworklance.us/downloads/acct-504-accounting-finance-managerial-use-analysis/ Description: ACCT 504 Week 1 , An Overview of Financial Statements and the Environment of Financial Reporting What is GAAP? What is the purpose of GAAP? What is the purpose of a Balance Sheet? What information does it provide? ACCT 504 Week 2, The

Why Do I Need to Add a More Descriptive Title?

1399 words - 6 pages Change: Incrementalism and the process of strategy. Week 3. Generic Strategies. Week 4. The Resource Based View of the Firm: Core Competencies, the Value Chain and Strategic Groups. Week 5. Acquisitions and Mergers. Week 6. Corporate Strategy and Financial Management. Week 7. Class Test: Multiple choice. Week 8. The PIMS Analysis; and revision session. Tutorial Assignments The tutorial assignments will be based on

Mgt 325 Week 2 Discussion Questions 1 (Social Responsibility Pricing)

370 words - 2 pages -325 WEEK 4 DQ 1 ( Risk Management ).doc MGT-325 WEEK 4 DQ 2 ( Mitigated Risks ).doc MGT-325 WEEK 5 DQ 1 ( Audit ).doc MGT-325 WEEK 5 DQ 2 ( Green Supply Chain ).doc MGT-325 WEEK 5 FINAL ASSIGNMENT ( Peregrine Trucking Co. ).doc Business - General Business MGT 325 Week 1 DQ 1 Strategic Advantage In transportation management, one component to explore is how an organization’s transportation activity can help to achieve a

Micro Economics

616 words - 3 pages Utility Curve and draw the Total and Marginal Utility curves for both products (d) Determine the equilibrium consumption of Legumes and Rice after the price change in Legumes. (e) Derive the demand curve for Legumes. Tutorial Sheet #1 ECON 1001, Semester I, 2014/2015 -1- Table 1 Units Legumes ($100.00) Consumed TU 0 1 2 3 4 5 6 7 MU 0 1200 1000 900 800 600 300 200 MU/P New Price of Legumes (50.00) MU/P* Rice ($50.00) TU 0 500 900 1250

Sexyshubham

3049 words - 13 pages project Database in-class activity Consultancy report Presentation Simulated Environment / partner presentation LiWC2 Graduate Capabilities3 1,2,3,4 1,2,3 1,2,3,4,5 ePortfolio4 n/a n/a n/a Due Date Tutorial 5 Tutorial 11 Progress Report – week 9 Report - Week 12 Presentation – Week 12 Exam – short answer questions Work reflection 1,2,3 n/a Exam period 4. Final examination 50% 1,2,3 PLEASE NOTE: Supplementary assessment will be

Csun vs. Fcc Home Game

4678 words - 19 pages , South-western. – Chapters 2 & 7| 106/5/09|Outsourcing|Chapter 9|| 1113/5/09|Co-ordinated product and supply-chain design|Chapter 11|| 1220/5/09|Customer Value & Pricing|Chapter 12 & 13|| 1327/5/09|Review|Slone, R., Mentzer, J. and Dittmann, P. (2007) “Are you the Weakest Link in Your Company’s Supply Chain?” Harvard Business Review, September, 116-127.| Tutorial SCHEDULE Week #Date|Topic|Case / or Discussion Questions| 125/2/09||| 24

Related Essays

Mkt 571 Week 5 Quiz Uop Course Tutorial

1151 words - 5 pages MKT 571 Week 5 Quiz UOP Course Tutorial 1 What function does a company's public relations department perform when it promotes understanding of the organization through internal and external communications? • Press relations • Product publicity • Corporate communications • Counseling 2 Rachel and Josh are on vacation in Hawaii. When they arrived at the hotel, they were offered chilled juice. Their check-in formalities

Mkt 571 Week 5 Quiz Uop Course Tutorial

1067 words - 5 pages MKT 571 Week 5 Quiz UOP Course Tutorial 1 What function does a company's public relations department perform when it promotes understanding of the organization through internal and external communications? • Press relations • Product publicity • Corporate communications • Counseling 2 Rachel and Josh are on vacation in Hawaii. When they arrived at the hotel, they were offered chilled juice. Their check-in formalities were

Course Outline

5423 words - 22 pages TEACHING ACTIVITIES 5 3.1 Approach to Learning and Teaching in the Course 5 3.2 Learning Activities and Teaching Strategies 6 4 ASSESSMENT 7 4.1 Formal Requirements 7 4.2 Quality Assurance 7 4.3 Assessment Details 8 4.3.1 Week 9 In-Session Test 8 4.3.2 Tutorial Participation 8 4.4 Final Exam Format 9 4.5 Feedback Quizzes 9 5 ACADEMIC HONESTY AND PLAGIARISM 10 6 COURSE EVALUATION AND DEVELOPMENT 10 7 STUDENT

Fins2624 Course Essay

4870 words - 20 pages 1-9 3 2, 8, 9 1-8 ASB Graduate Attributes assessed 1, 2, 5, 6 1, 4 - 6 1, 5, 6 1, 2, 3, 5, 6 1, 4 - 6 Length Due Date N/A N/A 2 hours N/A 3 hours Weekly as per tutorial enrolment Fridays Week 8 Due 9 a.m. Sep 10 UNSW Final exam period Class participation - Students must go to their enrolled tutorial classes (as per myUNSW) for attendance keeping. Students are expected to be prepared for the tutorials, participate actively in