vipinrawat

The Yaa Hamoah at one time worked for the National Investment Corporation as head of its Legal Department. Whilst still in its employment, she received the following letter from the Corporation. The Board of Directors at the emergency Board meeting 31 December 2004 proposed to sell the Company’s houses being occupied by the Management Staff. In this regard, occupants are being given the first offer to purchase the above-mentioned house at the cost price of US $70,307 or its Cedi equivalent. Payment shall be within 6 months.

The communique further If you are interested, you are to indicate, in writing, to the undersigned by Monday, 31 January 2005. Yaa Hamoahin reply to this letter stated that ‘‘I accept the offer to purchase House No. 4 Plateau Close at the cost price of US $ 70,307 or its cedis equivalent and to make payment within the stipulated 6 months’. And It would be greatly appreciated if details of bank accounts into which payment may be made are provided for the benefit of the house loan company.” There was no further correspondence between the parties until the dispatch of the following letter from the Corporation stating that ‘’I am directed by the Board Chairman to inform you that, as was previously communicated to you following extensive deliberations on the above matter, the Board of Directors have decided to withdraw the offer for sale of the said property to enable the Company house its new management staff’’.

On the facts, the Yaa Hamoah brought action against the Corporation, claiming that the exchange of letters in January 2005 resulted in an agreement that the Corporation would sell to the Yaa Hamoah, House No. 4 Plateau Close, East Legon Extension for the sum of US $ 70,307 or its equivalent in cedis and that the Yaa Hamoah would pay the purchase price within 6 months of the offer. She stated that though she had requested the Corporation the particulars of the bank account into which to pay the purchase price of the property, the Corporation had neglected/refused to furnish such particulars.

Use the case scenario to answer the following questions:

1. Critically analyse the above scenario and advise Yaa Hamoah on whether there was legally binding agreement between her and the Corporation.
2. Evaluate if any there are any remedies for breach of agreement.

The power supplied to a typical black-and-white television set is96 W when the set is connected to 120 V.
(a) How much electrical energy does this set consume in 1hour?
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(b) A color television set draws about 2.6 A when connected to 120V. How much time is required for it to consume the same energy asthe black-and-white model consumes in 1 hour?

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