Determining if Armidale wool ltd is legally obligated
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When determining if Armidale wool ltd is legally obligated to deliver the 200 wool car seat covers at the reduced price. Three main legal issues must be addressed. 1. Was the initial offer from Armidale wool ltd a valid contract? 2. Was it an offer and not invitation to treat? 3. Was the revocation of the offer done before acceptance? A valid contract is defended as an agreement made between two or more parties, whereby legal rights and obligations are created which the law enforce. When deciding if the contact was valid three main elements must be considered. 1) Intention to create legal relations - The parties of the contract must intend the contract to be legally bound. Using this, it is obvious that Armidale wool ltd indented to create legal relation, with sending a written offer for the sale of 200 wool seat covers. 2) Offer and acceptance- An offer is not...

