PVL3702 Assignment 1 (COMPLETE ANSWERS) Semester 2 2024 (718515) - DUE 19 August 2024 ; 100% TRUSTED Complete, trusted solutions and explanations. For assistance, Whats-App 0.6.7-1.7.1-1.7.3.9. Ensure your success with us . Jack is a property developer who is well known for building residential dev...
Due Date: 19 August 2024
QUESTION 1 (3 DIFFERENT ANSWERS PROVIDED)
Gloria, who recently signed a contract for a cluster home in a complex developed by Jack, is
facing a discrepancy between the property she intended to purchase and the one described in
the signed document. To determine if a legally binding contract was concluded, we must analyze
the situation through the lens of the will theory and the direct reliance theory, considering
relevant case law.
Will Theory
The will theory posits that a contract is based on the actual consensus of the parties involved.
According to this theory, for a contract to be valid, there must be a true meeting of the minds on
all material aspects of the agreement. In this case, Gloria believed she was contracting for the
cluster home next to the guardhouse, while the document described a different property at the
back of the complex.
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