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LEGT1710 Assignment 2 Problem Question
TABL1710 - Business and the Law
8 Found helpful • 6 Pages • Essays / Projects • Year: Pre-2021
This is second assignment of LEGT1710 worth 25% of the total course. Where theres a word limit of 2500 on this particular problem. Where, Alex would most likely sue George in order to be entitled to the extra $20,000 and a share in the farm, promised by George. In order to advise Alex on the entitlement of the extra $20,000 and a share in the farm, it is necessary to discuss whether a valid contract exists by examining the three elements of contract that must be satisfied which are agreement, the existence of intention to create legal relations and the form of the consideration on Alex’s portion of extra amount of money and share.1 In addition, promissory estoppel should also be analysed in this problem.
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