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LC 1.2 Conflict

Contract Law & Sale of Goods, Supply of Services Act

TermDefinition
Offer One party invites another to enter into an agreement
Invitation to Treat Allows a customer to make an offer which can be accepted or rejected
Acceptance A party agrees to all the terms of the offer
Consideration What each party offers the other as evidence of the agreement
Intention to contract The parties to the contract must have intended to create a legally binding contract
Consent to contract Each party must give a genuine agreement of their own free will to enter into the contract
Capacity to contract Those agreeing to the contract must have the legal right to do so
Legality of Form The manner in which the contract is drawn up
Legality of Purpose A contract must be for a legal purpose
Merchantable Quality Should be of reasonable quality relative to price paid
Fit for purpose intended Perform their normal task
As described Should match their description, brochure or samples
Suppliers of services must be qualified Seller must be competent with skill and due care
Legal Remedies / Redress Repair - Refund - Replacement
This Act was brought in, in 1980 Sale of Goods & Supply of Services Act
This Act was brought in, in 2007 Consumer Protection Act
Created by: killorglincc
Popular Business sets

 

 



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