Term-Paper

Legal Environment of Business

Submitted to

Syam Sundar
Professor
Management Department
University of Dhaka

Submitted by

Farhana Ashrafee Dilshad

Id: 16-3-32-024

Date of Submission: 27 November, 2016

1. A invites B to a dinner. B accepts the invitation. A made elaborate
arrangement but B failed to turn up. Can A sue B for the loss he has
suffered?
Answer: In the above example promises are not enforceable at law as there
was no intention to create legal obligations. Such agreements are social
agreements which do not give rise to legal consequences. So A cannot sue B
for the loss he has suffered.
2. A agrees to pay B Tk 1000 and in consideration B agrees to write for him
200 pages within five minutes. Is it a valid contract?
Answer: The terms of the agreement should be capable of performance. An
agreement to do an act impossible in itself cannot be enforced. For instance A
agrees to pay B Tk 1000 and in consideration B agrees to write for him 200
pages within five minutes but writing 200 page within five minutes is not
possible for anyone. It is not valid contract.
3. Mr. Rahim says in conversation to Mr. Karim that he will give Tk 1000000
to a person whosoever marries his daughter. Mr. Tanvir marries Mr.
Rahim’s daughter and files a suit to recover Tk 1000000. Will he succeed?
Answer: Mr. Rahim did not say to Mr. Tanvir that he) will give Tk 1000000 if
he(T) marries his(R) daughter. Mr. Tanvir was not addressed directly. So
there was no offer. Offer and acceptance makes a contract. SO Mr. Tanvir
won’t succeed. On the other hand dowry is no legal.
4. A sees a book displayed in a shelf of a book shop with a price tag of Tk
260. A tenders Tk 260 on the counter and asks for the book. The
bookseller refuses to sell saying that the book has already been sold to
someone else and he does not have another copy of that book in the
stock. Is the bookseller bound to sell the book to A?
Answer: Displaying book with price in shop is like an offer. If the bookseller
sold the book so he cannot offer anyone else to sell. If offer is there and A
want to accept is so bookseller is bound to sell the book to A.
5. B offered to sell his car to A for Tk 500000. A accepts to purchase it for Tk
450000. B refused to sell the car for Tk 450000. Subsequently A agrees to
purchase the car for Tk 500000 but B refused to sell the car. A sues B for
the specific performance of the contract. Will he succeed?
Answer: A contract is made by offer and acceptance in a specific time. B
offered to sell his car to A for Tk 500000. But A did not accept to purchase
that time. A sues B for the specific performance fo the contract, he won’t
succeed. A did not accept, he made counter offer to buy for Tk 450000. So
contract is dismissed here. B does not offer again to sell. Acceptance need to
make while the offer is in force.
6. A sold his business to B without disclosing this to his customers. C, an old
customer, sent an order for goods to A by name. B, the new owner,
executed the order. Is C bound to accept the goods?
Answer: A sold his business to B without disclosing this to his customers. C,
an old customer, sent an order for goods to A by name. B, the new owner,
executed the order. Here C is not bound to accept the goods. But if
reasonable steps to disclose are taken then C is bound to accept the goods.
7. For a valid consideration from B, A makes a promise to B to render some
service to C. C sues A on the promise. Discuss whether he can succeed.
Answer: For a valid consideration from B, A makes a promise to B to render
some service to C. C sues A on the promise. Here he can succeed in that. C
can sues A lawfully.