Mekar Building Construction Case 1.0 Question 1 On 1st February 2013 Mekar Building Construction Sdn Bhd sent a letter to Jaya Jati Machinery & Services Sdn Bhd, with whom they had been negotiating, offering them a contract to service all Mekars building construction equipments each month for the next five years at cost of RM5.
Commercial Transactions Essay Preview: Commercial Transactions Report this essay Abstract This paper examines the elements of a legal contract and how advertisements are not viewed as legal contracts in most cases. It will review the case of Leonard vs. Pepsico to determine what happens when an advertisement is viewed as a valid offer and responded.
The Intention to Contract INTRODUCTION Commercial law provisions, particularly the establishment of binding business arrangements relies on the existence of a valid contract. A binding contract has core elements revolving around the intention of the parties to enter into a binding agreement. If the intention to engage in a contract exists, together with the other.
