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Summary PVL3702 ASSIGNMENT 1 SEMESTER 1 2023

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SOLUTIONS WITH FULL EXPLANATIONS FOR LAW OF CONTRACT ASSIGNMENT 1, SEMESTER 1, 2023. DISTINCTION GUARANTEED.

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LAW OF CONTRACT


PVL3702 ASSIGNMENT 01


2023 (SEMESTER 1)



UNIQUE NUMBER: 618220




ASSIGNMENT 01:
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.

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