laws

JamesNewman,a17-­-year-­-oldUniversityAccountingstudent,intendstopurchaseapieceofmoderncarsoundequipmentforhis2009modelFord.JamesapproachesLenny,asalesrepresentativeofCarEquipmentPtyLtd,andenquiresaboutaSonyExcelonDNX9140highperformancepieceofsoundequipment.LennyinformsJamesthattheequipmentcosts$1,500.LennynoticedthatJames’caralreadyhadexistingsoundequipmentthatisworkingfine.LennyinformsJamesthatmostyoungpeoplegoforlesscostlycarsoundequipmentwhichismoreaffordable.HoweverJamesinsistsonpurchasingtheDNX9140.JamessaystoLenny‘IalwaysgoforwhatIlike;Idon’tcarewhetheritwillcostmeafortune;Iamnotoneofthosecheapguyswhogoesforsecondhand,oldsoundequipment.’Jamespurchasestheequipment.Jamespaysthefirsttwoinstalmentsandfailstopaythefinalinstalments.James,uponturning18yearsofage,driveshiscartotheSydneyCBD.Heparksataprivatelyownedautomaticcarpark.Jameshaspreviouslyparkedhiscaratthiscarparkmanytimesbefore.Asigndisplayedatthecarparkentrancereads:‘Carsparkedatowners’risk’.Jamesreadsthesign,pressesthebuttonontheautomaticmachineandcollectsaticket.Aclauseprintedatthebackoftheparkingticketreads:‘Managementisnotliableforanylossarisingfromtheftorotherdamagehowevercaused’.However,uponJames’return,hediscoverstheSonyExcelonDNX9140soundequipmentismissing.Theparkinglotmanagementdeniesliability.Discuss,usingaproblem-­-solvingformatandbyreferencetothecommonlawofcontract:1. WhetheranenforceablecontractexistsbetweenJamesandCarEquipment.CanCarEquipmentcompelJamestopaythefinalinstalment?2. Whetherthecarparkisliableforlossofthesoundequipment.NOTE: 1500 wrds

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