Annoucements
Our Hubungan Etnik lecturer, Mr. Amir Affendy, was rumoured having appendicitis. He will be absent for two weeks (Week 6 & 7). All lectures and tutorials are running as usual.Objectives of this Portal
The motive I create this portal is that everyone is able to contribute and share.
The main functions of this portal is that students can submit articles on the main page regarding to studies or miscellaneous subjcets.
For the forum, students can share their questions and knowledges on the subjects we're studying.
To achieve this, please register on the left side by clicking the Register link. You can submit articles or post replies on the forum.
On the other hand, you can leave comments on any articles too.
Feel free to roam around.
Chin Wei.
Corporate and Business Law Tutorial Answer Sample
Last Updated on Saturday, 04 July 2009 22:10 Written by Chin Wei Saturday, 04 July 2009 21:56
Bean offered to sell a consignment of tables to Nuts for RM500.
Define offer : section 2(a) -………………………………………………
In this question, B should a willingness to be bound to give the tables to N for RM500/-.
Rules of the offer:
Offer must be clear ,…………… as stated in White v Bluett
In this question B’s offer is clear………. Because the is willing to sell the tables for Rm500.
According to section 4(1) - Offer is only valid when communicated as stated in Taylor v Laird….
In this question the offer has been communicated because N actually replied B’s offer.
In conclusion – there is a valid offer.
B is the offeror while N is the offeree….
Nuts replied that it agreed to buy the goods for RM 450, cash on delivery.
Once there is a valid offer, to have a valid contract there must be a valid acceptance.
Define acceptance – section 2(b) acceptance is when one person signifies……………
Rules of acceptance – section 7(a) provides that acceptance must be unconditional. Absolute ……. And section 7(b) states that acceptance must be communicated. In Felthouse v Bindley it was provided that silence does not amount to acceptance.
In this question ……N wants to buy the tables but he only wants to pay RM450… for the tables. N is changing the terms of Bean’s offer…. This is not acceptance but it is a counter offer….
Define counter offer --------------------------------------- Hyde v Wrench
Thus Nut is making a new offer. Bean’s original offer has been terminated. As such Nuts becomes the new offeror while Bean is the offeree. Now Bean has a choice to accept or reject the offer.
To DFA and DMA coursemates!
Written by Chin Wei Thursday, 25 June 2009 00:02
Hello guys,
I am Jacky from DFA 2, I would like to create a blog and forum to cater for our questions and annoucements throughout our intense and challenging course. I hereby hope everyone can contribute in this forum to discuss our assignments, tutorials and enquiries on the subjects that we are going through now.
Yours sincerely,
Jacky
Important Dates
Week 6Financial Accounting Framework - Chapter 1 to 4
Hubungan Etnik - Chapter 1 to 4
Week 7
Principle of Finance - Chapter 1 to 6
Week 9
Deadline for CBL and MIS assignments