Imagine that you wake up one morning and find there is no longer any authority. All rules, laws, police, courts, teachers, principals, and governments have

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3 years ago

On 5 August, X sends a written offer by post to Y, to purchase Y’s ROLEX watch for R20000 (twenty thousand rand). One of the ter

notka56 [123]

Based on the given scenario, it can be concluded that a legally binding contract was concluded between X and Y.

This is because, before the agreed date of 20th August, X withdrew her acceptance and sent it by post and also made a call to Y which informed him of her current stance.

<h3>What is a Contract?</h3>

This refers to the legally binding agreement that exists between two or more people about the terms of something.

Hence, we can see that based on the given scenario, it can be concluded that a legally binding contract was concluded between X and Y.

Notwithstanding the arrival of the postal letter of acceptance, this is considered void as there has been a change of terms that have been clearly communicated to the other party.