Summary PVL3702 ASSIGNMENT 1 SEMESTER 1 OF 2023 [618220]
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Module
PVL3702 - Law Of Contract (PVL3702)
Institution
University Of South Africa (Unisa)
Book
The Law of Contract in South Africa
PVL3702 ASSIGNMENT 1 SEMESTER 1 OF 2023 []
ASSIGNMENT 01 QUESTION:
Carol, an owner of an exclusive bicycle shop advertised a special limited-edition bicycle for sale, and invited the public to make offers for the bicycle. Jane and Portia were among many people who submitted written offers for...
Carol, an owner of an exclusive bicycle shop advertised a special limited-edition bicycle for
sale, and invited the public to make offers for the bicycle. Jane and Portia were among
many people who submitted written offers for the bicycle. Jane’s offer was for R150 000,
and Portia’s offer was for R190 000. Although Carol intended to accept Portia’s offer, she
erroneously wrote a letter to Jane, wherein she accepted Jane’s offer. Jane believes that
an enforceable contract was formed but Carol denies this. Apply the direct reliance theory
and advise if a legally binding contract was concluded between Carol and Jane. Discuss
fully and refer to case law in your answer. Do not apply the Consumer Protection Act 68 of
2008.
1
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