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 ââ¬Å"when you spend more than à £600 on any of our merchandise in one visitâ⬠. Instead, Mandy paid in two instalments of à £375 even though she left Arkwrightââ¬â¢s store with over à £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 ââ¬Å"Arthur was keen not to lose a saleâ⬠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 Arkwrightââ¬â¢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 Arthurââ¬â¢s willingness to pursue the sale. If this is the case, then Mandy would have been in a similarShow MoreRelatedInternational Financial Accounting155754 Words à |à 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) ââ¬â (d) A1(e) A2(a) A3(a) ââ¬â (b) 12457 Introduction We will begin by looking at the aim of
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