Carol, an owner of an exclusive bicycle shop advertised a special limited-edition bicycle for sale, and invited the public to make offers for the bicycle. Jane and Portia were among many people who submitted written offers for the bicycle. Jane’s offer was for R150 000, and Portia’s offer was f...
PVL3702 ASSIGNMENT 1 MEMO - SEMESTER 2 - 2024 - UNISA - DUE : 19 AUGUST 2024 - UNIQUE NUMBER:- 718515 ( FULLY REFERENCED WITH FOOTNOTES- DISTINCTION GUARANTEED)
PVL3702 ASSIGNMENT 1 MEMO - SEMESTER 2 - 2024 - UNISA - DUE : 19 AUGUST 2024 - UNIQUE NUMBER:- 718515 ( FULLY REFERENCED WITH FOOTNOTES- DISTINCTION GUARANTEED)
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PVL3702 - Law Of Contract
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PVL3702
Law of Contract
ASSIGNMENT 1 MEMO
SEMESTER 1 - 2023
UNIQUE NUMBER:- 618220
Due Date :- 20 MARCH 2023
Includes Footnotes and/or Bibliography
QUESTION PREVIEW
Carol, an owner of an exclusive bicycle shop advertised a special limited-edition bicycle for
sale, and invited the public to make offers for the bicycle. Jane and Portia were among many
people who submitted written offers for the bicycle. Jane’s offer was for R150 000, and Portia’s
offer was for R190 000. Although Carol intended to accept Portia’s offer, she erroneously wrote
a letter to Jane, wherein she accepted Jane’s offer. Jane believes that an enforceable contract
was formed but Carol denies this. Apply the direct reliance theory and advise if a legally binding
contract was concluded between Carol and Jane. Discuss fully and refer to case law in your
answer. Do not apply the Consumer Protection Act 68 of 2008. [20]
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