Human Rights

Introduction to Business Law

Problem

Mrs. Coleman is an old lady who lived in a large property in Toorak (Melbourne). She felt that she would need some help around the house and some companionship in her old age. She contacted her grand-daughter, Emily Radcliff, and promised her that she and her family could live rent-free and would inherit her property and household goods after her death if they re-located from Anchorage (Alaska).

Mrs. Radcliff and her husband resigned from their jobs; sold their house and household goods; gave their dog away to a friend; and relocated, with their two young children, to Toorak.

Mrs. Coleman didn't enjoy the companionship of her extended family and complained about the noisy children. After six months, she asked the Radcliffs to leave. She then moved into a retirement village sold her property and excluded Emily and her family from her will.

With reference to principles of common law, advise the Radcliffs whether they have a binding contract with Mrs. Coleman and whether they would be successful if they sued for damages?

Solution

As per the aforementioned case, Mrs. Coleman and Mrs. Radcliff are in the charter contracts that have specificity when it is compared to other contracts in due to the dynamics of properties and their dealing activities, to justify its study particularized. The accreditation are addressed throughout this text, the basic principles governing charter contracts, its various types, clauses major conventions to which it is subject and methods applied to the resolution of conflicts arising of them, all in the light of system of English Common Law. After constructing the theoretical elements will be added practical, not only to facilitate understanding of the topic, as demonstrate the economic and financial consequences of correct interpretation and application of the various concepts and terms. Therefore, Mrs. Coleman cannot solely make decision. Although, ...