Advertising an auction is an offer to sell
As a general rule, silence cannot constitute acceptance.
Under which circumstance would a member of a limited company have to contribute funds on winding up?
The minimum share capital of a public limited company is:
Past consideration, as a general rule, is not sufficient to make a promise binding.
Which of the following statements regarding the adequacy and sufficiency of consideration is correct?
A company can confirm a pre-incorporation contract by performing it or obtaining benefits from it.
If a public company does business or borrows before obtaining a trading certificate from the Registrar, the transaction is:
Terms implied by custom cannot be overridden.
A business is classed as a consumer if it does not make the contract in the course of its business.