University of Nairobi Law of Contract Discussion

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zhghnfnz49

Business Finance

University of Nairobi.

Question Description

I don’t know how to handle this Business Law question and need guidance.

 “Saman, a keen collector of old cars has seen an advertisement for an auction of old cars in a weekend newspaper. He travelled to Colombo from Badulla to attend theauction in order to bid for the model mentioned in the list of vehicles to be auctioned. However, when Saman arrived at the auction site, he found a notice outside stating that the auction has been cancelled”.Saman contemplates legal action against the auctioneer. In the context of law ofcontract, advise Saman whether he can succeed in an action against the auctioneer.

Explanation & Answer:
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Explanation & Answer

Attached.

Running head: LAW OF CONTRACT

1

Law of Contract
Student’s Name:
Instructor’s Name:
Course:
Date:

LAW OF CONTRACT

2

In the context of law of contract, advise Saman whether he can succeed in an action against
the auctioneer
The reasons behind the cancelling of the auction determine if Saman will succeed or not.
During the auctioning, the owner of the item that will be bided on can sell the goods or appoint
someone to do so on his behalf. The person who is selected is the auctioneer. When an auction is
to be held, the auctioneer is expected to advertise the goods. It is to inform the public. The
advertisement does n...

WhqlX (17847)
Purdue University

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