Business Law

1 . The most important factor that has to be considered is WHETHER OR NOT THE EMPLOYMENT CONTRACT SIGNED BY COLE IS VALID AND BINDING BETWEEN THE PARTIES , EVEN IF HE RESIGNED BEFORE THE STRATEGY HE DEVELOPED WAS IMPLEMENTED 2 . Yes . Dina can enforce Chris ' promise to pay her the 40 ,000

The offer of Chris to pay Dina 40 ,000 if she graduates from Eagle College was accepted by her , therefore a contract was entered into between them . In the case of Carlill v . Carbolic Smoke Ball Company HYPERLINK "http /en .wikipedia

.org /wiki /Case_citation " \o "Case citation " \t "_blank " [1893] 1 QB 256 , an offer of a unilateral contract between the offeror and the person who satisfies the condition once the condition is complied with the offeree is entitled to the to enforcement of the contract the notification of performance of the conditions formed part of the acceptance . Upon Chris ' offer to pay her the money she enrolled and finished the four years of college , and upon her graduating from Eagle College , Chris ' obligation to pay her would arise . Chris ' arguments that the promise is not enforceable because they did not bargain on the terms and /or that even if it would be valid , he unilaterally decides to revoke it cannot be given merit . Neither does the failure to negotiate on the terms of an agreement nor a subsequent decision to revoke a promise , earlier made render an obligation unenforceable 3 . Under Section 6 (c ) of the Contracts Act 1950 , a proposal is revoked by the failure of the acceptor to fulfill a condition precedent to acceptance . Section 6 (d ) of the Contracts Act 1950 provides that a proposal is revoked by the death or mental dis of a proposer , if the fact of his death or mental dis comes to the knowledge of the acceptor before the acceptance . A standing offer is an offer to supply such goods and or services upon certain terms as the promisee may require . Such an offer is capable of repeated acceptance over a specified period (Great Northern Railway Co v Witham . A proposal may be terminated or withdrawn by the proposer by giving notice of revocation to the other party before acceptance . Once effectively revoked , the proposal comes to an end . This shall be dealt with further under the of revocation of proposal and acceptance (http /essayinfo .com /sample /essay /836 /2...