COMMERCE 4SD3 Lecture Notes - Lecture 4: False Advertising, Positive Form, Capitalism
Document Summary
If either party dies or becomes insane before acceptance: dying doesn"t get you out of a contract, just an offer, after a reasonable length of time, the offer dies; consider, conduct of parties. Industry norm: supreme court tells us what to look at but not what to do, understand the differences and the rule. If you mail an offer to montreal, quebec law will apply: what happens if you drive from hamilton to. Preventive law: offers should always specify how long they are open and what law applies, 2 types of contracts, unilateral, one party has to perform before the other, e. g. Discount": opposite is impliedly, e. g. send a cheque for partial amount, with. Woo: cause of action based on contract and tort, rental of car by infant (woo, 2 courses of action: Infant was father of illegitimate child: mother could enter contract to cover exp or launch a lawsuit.