James Price is an Information Technology consultant with specific experience in web design. His consultancy is doing well, but he’d really like to get another customer to ensure that this individual has enough work for the foreseeable future.

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One particular Saturday, at his brother Anthony’s 40th birthday celebration, Wayne is got into contact with by Indicate Jackson, a shop owner, who James provides met recently at some of his brother’s other social functions. Draw explains to James that he is trying to revamp his store’s web page and that he might use James’ expertise to full the project.

James expresses his involvement in assisting and Mark explains to James that he will email him on Monday which has a proposal.

About Monday morning hours, Mark directs James the following email:

Dear James

Following thinking even more about your potential involvement in the website project for a store, I want to offer you with on board like a consultant.

The terms of the diamond are that you’ll provide your web design services exclusively for two weeks, beginning on first February 2014, working onsite with me as well as the store manager.

With regards to remuneration, you will be paid a set fee of $35, 1000 with a car parking spot to end up being provided for enough time that you are onsite.

It is important that if you need this operate, you suggest your acceptance in writing right at the end of the day.

I actually look forward to hearing from you.

Mark Jackson.

1 hour after the email is sent, James reads it which is happy with the termsof the proposal. He goes to draft an email to Mark describing his acceptance of the terms of the offer, although because of a abrupt storm which includes hit the location where he lives, James’ email stops operating and he can unable to send out the concept to Draw. James in that case tries to call up Mark to share him that he wants the work, yet Mark does not answer, and James can be not provided the option to leave a message. As a last resort, James breezes a letter to Tag communicating his acceptance with the offer proposed. He then usually takes the notification, and a strategic map pertaining to the job that this individual quickly prepared, to the postal office shooting and content them for 4. 30pm on Wednesday afternoon. The letter plus the map take a day being delivered to Indicate and this individual receives them late Thursday afternoon.

Upon Wednesday, Indicate realises that he provides offered to spend James $15, 000 a lot more than an best rated web design organization has quoted him pertaining to the job, and he does not want to interact James anymore. He transmits an email to James saying because he did not receive James’ acceptance right at the end of Mon, James offers missed out on the job. Mark also states in his email that he by no means meant for the proposal to be real in any case because he was only looking to help out his friend Anthony by throwing James a few work. James is disappointed upon obtaining this email from Indicate and calls his attorney for guidance on the condition.

Question 1:

Using the four step process, go over the component of agreement necessary for the formation of the legally joining contract between James and Mark.

THE FIRST STEP : Identify the guidelines or concerns of rules

The principles of regulation here is that in addition to intention and consideration elements, there should be the existence of a valid contract between Wayne and Mark which is necessary for the formation of any legally capturing contract being created.

Step two: Explain the rule(s) of law strongly related the principle/area/issue of legislation identified in step one with reference to authority.

There are three main requirements for the formation of a officially binding contract; intention to create a legal deal, offer and acceptance(agreement) from the terms of the contract and consideration (reference book P-60).

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