last one bitch Flashcards
Explain the elements of a valid legal contract.
Intention to create legal relations-
Determines whether an arrangement is meant to have legal consequences.
Offer: A clear proposal to enter into a legally binding contract, made in various ways (oral, written, or conduct).
Acceptance: When the offeree (the party receiving the offer) agrees to the proposal made by the offeror (the party making the offer).
Consideration: Something of value that motivates parties to enter into a contract, setting it apart from a gift, which is a voluntary transfer without an exchange of value.
Explain how an invitation to treat differs from an offer
An invitation to treat is an invitation to make an offer; for example, goods on display with a sale price in a shop. An offer is a definite and specific proposal that, if accepted, creates a legally binding agreement. For example, the sale price of a house is the invitation to treat and a person writing down and emailing the agent that they will pay a certain amount is the offer.
Describe the process of a counter-offer
A counteroffer is the response given to an offer, meaning the original offer was rejected and replaced with another one.
Describe what is meant by a term of a contract.
A contract term is any provision or term that forms part of a contract. They can be express (specifically included) or implied (not explicitly included, but assumed to be).
Explain the difference between a condition and a warranty in relation to terms of a contract
The more important terms are referred to as conditions (essential part of the contract and if not carried out, the rest of the contract would be totally different from what was agreed) and the less important terms are called warranties (basic nature of contract not changed by breach).
Explain how the remedies differ for breaking a warranty term versus a condition term.
If a warranty is breached—sue for damages. If a condition breached—Discharge or affirm contract and then sue for damages.
Name the parties in a contract and what these change to on appeal of a case
Plaintiff and Defendant
Appellant and Respondent
Describe three reasons why a contract may be set aside
- Duress
- Undue influence
- Unconscionability
. Describe three ways a contract may be discharged
- Performance
- Agreement between the parties
- Breach of contract
What’s the difference between void and voidable?
Void means that the contract never existed in the first place. Voidable means that the injured party (the innocent party) can decide if the contract is to continue.
What are the remedies for contracts?
- Damages
- Injunction
- Specific performance
- Restitution
Explain at least four consumer guarantees found in Australian Consumer Law (ACL) using examples
- The supplier must have a right to sell (s51): The seller must have title (ownership) in the goods being sold.
- The buyer has a right to undisturbed possession of the goods (s52): The effect of this guarantee is that the buyer enjoys the use of the goods free from any interference from, or claims by, other persons.
- The goods must be reasonably fit for any disclosed purpose (s55): If the buyer tells the seller or manufacturer what they’ll use the goods for, the goods should be suitable for that purpose.
- Goods must match their description (s56):When goods are supplied by description to a consumer, there is a guarantee that the goods will correspond with the description.
Explain the elements of negligence
1) The existence of a duty of care;
2) a breach of that duty; and
3) reasonably foreseeable damages as a result of the breach of duty.
Give an example of duty of care in a workplace.
Teacher on playground duty to make sure students are not participating in unsafe behaviours.
Outline the two main defences to negligence
- Voluntary Assumption of Risk—knew the risks and agreed to partake in activity
- Contributory negligence—plaintiff contributed towards to act and is deemed partially responsible (% apportionment)