Question: Case study 3 Case 1 - A friend buys you a cup of coffee at Tim Hortons during Roll up the Rim to Win. You

  1. Case study 3

    Case 1 - A friend buys you a cup of coffee at Tim Hortons during Roll up the Rim to Win. You roll up the rim and win the grand prize.

    1. Who does the prize belong to? You, your friend, or do you have to share? Discuss your rationale.

    Case 2 - Arnold owned three building units (A, B,C) in a commercial development. As a result of some financial difficulties he emailed Bob as follows, I will sell you one of my units for $150,000. Bob immediately emails back, I accept the offer.

    1. Is an email exchange such as this one valid in forming a contract?

    Case 3 Monica invited Brody to the New Years dinner and dance. Brody accepted the invitation and agreed to accompany Monica, who purchased the tickets and arranged a limo. Two days before the dance, Brody tells Monica that he is no longer interested in going to the dance with her.

    1. What contract formation issue could determine whether a contact has been formed.

    RUBRIC:

    Questions 1, 2, 3 4 marks each + 4 marks spelling and grammar = TOTAL 16 marks.

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