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Book/movie review
22/08/2022
Part A
Philip wants to sell his house and advertises it in the local newspaper at 370, 000, giving his telephone number. Jim sees the advertisement and rings Philip and makes an appointment to see the house. Jim likes the house but cannot agree a price with Philip, his highest offer being 367,000, while Philip insists on 370,000.On the following Monday Jim receives a letter from Philip offering him the house for 368,500 and saying that Jim can have until noon on Friday to think about it. On Wednesday evening Jim meets his brother Nick in their local pub. Nick tells him that Philips son-in-law (Chris) bought the house earlier that day for 367,000. Jim goes straight home and writes a letter to Philip, accepting his offer to sell at 368,500. He posts the letter immediately and Philip receives it on Thursday morning, but replies by return saying
“You are too late. I have sold the house to my son-in-law.”
Subsequently, the deal with Phillips son in law (Chris) breaks down the sale goes ahead but Chris only transfers 350,000 in payment for the house to Philip.
Advise the parties.
Does Jim have a valid contract with Philip? If this is the case you should then decide if Philip has breached the contract and discuss any possible remedies that Jim may seek.
What is the position in contract law between Philip and Chris?
UAC 1.1, AND 3.1, 4.1
Your work should be word processed with a word count of 750 +/- 10%
Part B
Dave is a car trader specialising in the luxury prestige market.
Dave has on his forecourt a number of luxury second hand cars. Bob has been on the lookout for such a car and visits Daves showroom. Bob asks Dave if he has any well vetted, good condition, low mileage prestige cars.
Dave has a Lexus which he feels suitable and recommends it to Bob. He told him that the car had been owned by a Professional Footballer and had been fitted with a replacement engine and gearbox and had only done 20,000 miles since the replacement. The car is advertised at 15,000. Bob states that he is willing to pay 12,500. Bob buys the car at this price.
Having purchased the car it soon developed faults. Dave agrees to do some work under the warranty but subsequently more faults develop. Eventually it transpired that the car had done nearer 100,000 miles since the refit.
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The writer is very fast, professional and responded to the review request fast also. Thank you.
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