BSL165: Foundations of Business Law Assignment Help
Question
BSL165: This is a Murdoch University business assignment that aims to assess the student’s understanding of the IRAC technique for solving legal problems. The assessment demands the student to analyze a case study of miscommunication around a grape business deal.
The scenario presents a conversation between a grape farmer Cynthia and a well-known local grape supplier Solomon. It is noted that Cynthia reached out to Solomon to sell her grape supply through the mail, for which Solomon asked for some time to think about. Although Cynthia agreed to wait for some particular days, she sold the entire supply as she was getting a better deal from a different supplier. Solomon believes that his agreement with Cynthia to buy the grapes is legally enforceable. Based on this analysis, the student is required to give Solomon legal advice based on their learnings of the IRAC method regarding the messages’ implications and any possible transactions between him and Cynthia.
Solution
The solution comprises an essay based on the application of legal problem-solving to the issue presented in the case study. This LPS outlines a clear demonstration of the issue, along with presenting legal conclusions for the case study that will be reached using the law.
Issue
The LPS solution begins by clearly stating the issue in this case study involving Cynthia and Solomon. We have provided only one of the two issues identified by our experts here.
The issues in this case are:
1) Whether there is a legally binding agreement between Cynthia and Solomon for the sale of 1000 kg of Centennial Seedless grapes at a rate of $4.50 per kg or not?
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Rule
In this next section, our experts have compared the issues identified above to the legal rule. An objective explanation of the relevant law principles is presented by our experts here along with its precedent and rationale behind the law.
An agreement between the parties is regarded as a legally binding contract. The components of a contract under Australian law must be taken into account in order to ascertain if there was a legally enforceable agreement between Cynthia and Solomon. When there is an offer, acceptance, contemplation, and desire to establish legal ties, a contract is formed. Consequently, for a contract to be enforceable in court, there must be:
- an offer,
- It’s acceptance,
- A legal and valid consideration
- The parties’ desire to establish a legal relationship; and
- Term certainty.
These are considered as the essential elements of a binding contract which must be observed in order to create a legal relationship between the parties.
A proposal is a proposition made by one party to another to enter into a contract on specified terms. An offer must be communicated to the offeree and include all relevant contract provisions. When the offeree expresses assent to the terms of the offer, this must be notified to the offeror.
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Application
Following this, our experts have delved into how the law rules and principles can be applied to the case study. The arguments proposed by our experts are based on the case study’s facts and findings in addition to the legislation.
In this case, Cynthia made an offer to sell 1000kg of Centennial Seedless grapes to Solomon for a total of $4500, at a rate of $4.50 per kg, which was communicated to Solomon via email on 9 January. Solomon responded the next day by asking for more time to decide on the offer. Cynthia agreed to extend the deadline until 5:00 pm on Sunday, 15 January, indicating an intention to create legal relations. However, on 13 January, Cynthia sold the grapes to Fiona for a higher price of $5 per kg, and notified Solomon via email that the grapes were no longer available. Solomon read the email but ignored it, continuing to source for vendors.
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Conclusion
Lastly, the conclusion section summarises all the arguments presented above by our experts in a brief manner.
Based on the above analysis of the given scenario, it can clearly be concluded that there was no legally binding contract between Cynthia and Solomon for the purchase of the grapes. Although Cynthia made an offer to Solomon on 9 January, but Solomon did not accept it immediately and instead requested additional time to consider it. Moreover, although Cynthia agreed to extend the deadline until 15 January, but she was free to sell the grapes to a third party until then. Moreover, when Cynthia received an offer from Fiona on 13 January, she accepted it and sold the entire stock to Fiona for a higher price than what she offered to Solomon.
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