LACCD LAW001 Week 2 Assignment Latest
LAW001 Business Law 1
Week 2 Assignment
Acceptance Case Problem
This assignment was locked Sep 18, 2016 at 11:59pm.
Case Problems (Links to an external site.)
Law 1 – Business Law – Contracts
Chapter 12 – Acceptance
A. Read the case Olsen v Johnston (Links to an external site.) and review the Chapter 12 Outline (Links to an external site.).
B. Explain the following statements below in your own words. You provide a total of 4 separate responses.
“To form a legally enforceable contract, there must be (1) identifiable parties capable of contracting; (2) their consent; (3) a lawful object; and (4) a sufficient cause or consideration.”
“Johnston’s conduct also did not make clear that the offer had prescribed an exclusive mode of acceptance. Johnston personally sent the letter that contained her offer to Olsen. Johnston did not have Townsend send the letter on her behalf. Johnston failed to convey objectively an unwillingness to communicate directly with Olsen.”
We consider only the offeror’s objective manifestations of consent as expressed by words and conduct. Bitterroot Int’l Sys. An offer must exclude clearly and definitively all other modes of acceptance to create a condition precedent to acceptance.”
“Moreover, the parties’ exchanged letters satisfied the statute of frauds. A contract for the sale of real property must be memorialized by a written note or memorandum subscribed by the party to be charged. Section 28-2-903, MCA. The note or memorandum does not have to be in any particular form and may consist of several writings.”
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