Business Law Essay Example | Topics and Well Written Essays - 1500 words - 18

Business Law - Essay Example Invitation to treat has been defined as an expression of willingness of a party to enter into negotiations with another with the hope that a contract would be reached at the end of such negotiations. (Fisher v Bell)1. An offer on the other hand has been defined as an expression of willingness by a party to enter into a contract on stated terms (offeror) and provided that such terms would be accepted by the person to whom the offer is made (offeree) a contract would come into existence(Carlill v Carbolic Smoke Ball Co.)2. An offer should be differentiated from a mere statement of price that is an enquiry as to the price. (Harvey v. Facey)3 In the current scenario it can be seen from the facts that Angela has shown her intent of selling the caravan and stated a price. Even though the term ‘offering’ has been used, it is generally not to be held conclusive and the overall facts of the situation are taken into account when deciding whether an offer or an invitation of treat was present. In the case of Angela it can be seen that she Angela has posted a letter and has stated a price of  £2000 for which she would sell the caravan, therefore it can be deduced that an unequivocal willingness on her part was present. The next issue that would be looked into is acceptance which is defined an unequivocal assent to the terms that has been proposed by the offeror. The acceptance of certain terms and conditions which had been stated by the offeror and which tend to introduce new terms would be treated as counter-offer, that is a new offer comes into existence which can either be rejected or accepted by the person who was originally the offeror (and now becomes the offeree). (Hyde v. Wrench)4. Acceptance is generally held to be valid only when it has been validly communicated and the offeror comes to know of such acceptance. (illustration of the fact was made by Denning LJ in Entores v Miles Far East Corporation). However, there are a

Broadband market (internet services) in u.k Essay

Broadband market (internet services) in u.k - Essay Example It was in 2000 that significant migration to broadband started to occur; initially domestic internet dialup was commonly used in the UK. Business users at that time relied on expensive high speed internet connections through dedicated leased lines. This was traditionally the domain of the large business which never minded setting aside colossal sums of money on connectivity. Since the late nineties, broadband options were around but only very few cable operators availed the service to customers at cost effective rates. Homes and Small businesses at this time had very limited options with only sporadic availability of high speed connections. Broadband connection was more of a lottery of location. Throughout the United Kingdom, demand for high internet connection continues to increase on yearly basis. This increase in demand also sees the increase in number of broadband service providers. The business is known to be highly lucrative with its demand base continuously and significantly expanding to reach businesses and homes. With the burgeoning of DSL supply the service has become commonplace in the buyers’ market. Further, the code of practice makes it very easy for consumers to migrate from one provider to another if they feel dissatisfied with the service of the existing provider. In effect this makes the broadband market highly competitive as witnessed in continuously dropping prices whose effect is the reduction in providers’ profit margins. Several internet service providers exist in the UK among which includes BT (currently having a leading market share of 35%), NTL, Orange, Virgin, Tiscali, Be Broadband and AOL. Broadband services offered include satellite, cable and ADSL. According to a survey conducted in the first quarter of 2005, BT had a market share of 25%, NTL 20%, AOL 12% and Tiscali 7%. The competition has necessitated the provision of free re-grades to higher speed services and offering of free incentives by providers