TABL1710 Study Guide - Final Guide: Australian Consumer Law, Meeting Of The Minds, Specific Performance

• School: UNSW, UNSW Sydney
• Department: Taxation and Business Law
• Course: TABL1710
• Professor: Helen Cosby

Document Summary

Approaches to determining agreement: traditionally courts have said that agreement is reached when conduct of parties can be (cid:272)ha(cid:396)a(cid:272)te(cid:396)ised i(cid:374) te(cid:396)(cid:373)s of a(cid:374) (cid:858)offe(cid:396)(cid:859) (cid:271)(cid:455) o(cid:374)e pa(cid:396)t(cid:455) (cid:894)offe(cid:396)o(cid:396)(cid:895) a(cid:374)d a(cid:374) (cid:858)a(cid:272)(cid:272)epta(cid:374)(cid:272)e(cid:859) (cid:271)(cid:455) a(cid:374)othe(cid:396) (offeree) Commercial or business transactions: agreement is result of negotiations by two or more persons of substance of contract may not necessarily be the contract. It is unusual for parties to have discussed and agreed to every term of agreement the act of assent which gives rise to agreement. In many consumer and commercial transactions, inequality of bargaining power means that (cid:373)a(cid:374)(cid:455) (cid:272)o(cid:374)t(cid:396)a(cid:272)ts a(cid:396)e (cid:374)ot a(cid:396)(cid:396)i(cid:448)ed at (cid:271)(cid:455) (cid:858)(cid:396)eal(cid:859) ag(cid:396)ee(cid:373)e(cid:374)t: even if agreement is considered non-contractual, it may still result in breach of australian. Consumer law (acl) e. g. misleading or deceptive conduct (breach of s 18) or as false representation (breach of s 29) Agreement arising from conduct: possible for agreement to arise by way of implication as a result of the conduct of the parties.