CasestudyoncontractlawIntroductionThiscaseinvolvesthetwoparties,PeterandWendy.WendyisplaintiffandPeterisdefendant.Peterwantedtobuyatruck.SohecontactsWendy,whoownsafleetoftrucks.Duringtheirdiscussions,PeteraskedWendywhetherthetruckhadaheavydutysuspension,andWendydeceivedhimandsaidthatitdid.SoPetersendWendyaletterinwhichheofferedtobuythetruckfor$300000.TheletterreachedWendyon5November.Thenshesignedthenominatedplaceforacceptance,andputtheacceptanceintotheposton7November.Buton8November,PeterphonedWendyandsaid:heformallyrevokedhisoffertobuythetruck.Wendysaid,toolate,I’mdeliveringittoday.Andlaterthatday,shedeliveredthetrucktoPeter’spremised.ButPeternoticedthatthetruckdidn’thaveheavy-dutysuspension,andrefusedtopayforit.AndWendy’sletterofacceptancereachedPeteronlyon10November.WendyhadsuedPeterfor$300000.DiscussionThiscasemaininvolvescontractlaw.Andifwewanttoanalyzethiscase,weshouldexplainconstitutesomeconditionsofthecontractandthetimeofformationofthecontractandjudgewhetherthecontractisestablished,atthesametimegivePetersomeadvice.Therearesixprerequisitesforalegallyenforceablecontract,andtheyarenecessarywhetheracontractismadeface-to-faceorwhetheritismadeinstantaneouslybyelectronicmessageswithoutwrittenagreements.Thesesixprerequisitesarenotalternativesandeachisnecessarytomakeavalidcontract.Intentiontocreatelegalrelation.Agreement.Consideration.Legalcapacity.Genuineconsent.Legalofobjects.Nowweexplainthemeaningofeachprerequisite.1.Contractlawrequiresevidence(expressorimplied)thatthepartiesintendedtodomorethanmakeanagreementandthattheyintendedtomakeacontract.Normalcontractrulesapplytoe-contracts,soapersonaccessinganonlinesupplierwithintentiontobuysomethingistakentomakeacontract.Inthiscase,wecanseethebothpartieshavetheintentiontomakeacontract.2.Anagreementmaynotbeacontract.Anagreementcontainstwoaspects:offerandacceptance.Anofferisanundertakingbytheofferormadewiththeintentionthatitwillbindtheofferorassoonasitisacceptedbytheofferee.Andtheoffermustbecommunicated,that’sto