Answer: Issue 1 Whether John can sue George on the ground that the share price has more than trebled but George refuses to buy him a new Mini Cooper on the context that “it was all just a bit of fun”? Relevant Law A contract is a civil law and requires compliance of few essentials which together results in the formation of contract and the parties are bound by the contractual terms. The basic contract elements include: An offe...Read More >>
Answer: Solution The major issues raised Is George liable to buy a Mini Cooper to John as the prices of the share have increased as predicted by John? Is Ringo liable to comply with his promise to make a contract or has an authority to go back from his words? Whether Keith liable to honor the discussions made with Mick which he promised to comply with in good faith? The Applicable Law In every country and in everyday life,...Read More >>
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