Economics

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Pre-written Papers:

Title: Economics

Essay Details:

Subject: Business

Author: Philip Z

Date: September 10, 2016

Level: University

Grade: A

Length: 7 / 1989

Essay text:

One of these terms is that if any car left after 5 pm it will be charged $50.00 for that. • Mrs Smith does not like this idea and try to leave the car-park at once. • However there is a line of exiting cars and her departure is delayed by 10 minutes. • The pay booth attendant tries to charge Mrs Smith $50.00 for her stay. • Mrs Smith refuses. • Mrs Smith claims that a contract was not formed. Issues: • Was there any offer? • Was there any acceptance? • Was the term notified to Mrs Smith timely and perfectly? • Were the terms included after the contract had been completed? • Were the terms incorporated in the contract for parking? Rules: • What is a contract: Traditionally contract means an agreement between two or more people which can be enforced by the Law...

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