Friday, January 3, 2020

The Legal Nature Of The Advertisement Made By Arkwright

Introduction: It is important to consider the legal nature of the advertisement made by Arkwright s, i.e. invitation to treat versus a unilateral offer. ( ) I believe that the offer is unilateral as it refers to the world at large as it includes more specific terms than an invitation to treat such as a time frame and a specific course of action that is to be fulfilled in order to receive the Supertech tablet ( ). The case for Mandy: On face value, it seems as though Mandy could not have collected a Supertech tablet due to her ineligibility. This is because the advertisement clearly stated that you are entitled to the tablet â€Å"when you spend more than  £600 on any of our merchandise in one visit†. Instead, Mandy paid in two instalments of  £375 even though she left Arkwright’s store with over  £600 worth of merchandise. But upon further speculation, it is not exactly clear how the offer to pay in two instalments arose. It is mentioned that â€Å"Arthur was keen not to lose a sale† and this suggests that he induced Mandy to pay in instalments. If this is the case, then Arthur may also have suggested that Mandy is still entitled to a tablet. Consequently, Arthur or any other employee at Arkwright’s would have notified Mandy of her entitlement to the Supertech tablet, which they failed to do. On the contrary, Mandy could have made a counter offer to pay in instalments as this explains Arthur’s willingness to pursue the sale. If this is the case, then Mandy would have been in a similarShow MoreRelatedInternational Financial Accounting155754 Words   |  624 PagesThe context and purpose of financial reporting 10457 www.ebooks2000.blogspot.com 1 114 2 www.ebooks2000.blogspot.com Introduction to accounting Topic list 1 The purpose of financial reporting 2 Types of business entity 3 Nature, principles and scope of financial reporting 4 Users and stakeholders needs 5 The main elements of financial reports Syllabus reference A1(a) A1(b) – (d) A1(e) A2(a) A3(a) – (b) 12457 Introduction We will begin by looking at the aim of

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