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Over the years astronaut Neil Armstrong has had his problems with autograph and memorabilia collectors...
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Web buzz about auction Chelsea...
Resolved Question: edwin edwards lot 97 bonham's auction chelsea?
a june morning print sold at bonham's lot 97 april 14, 1992
Resolved Question: There are established rules in contract law. One rule states that, where a minor enters into a contract, the?
The Problem
Omar, aged 17, having finished a pottery course at college, decided to leave home in order to follow
his ambition to become a producer and dealer in fine art pottery. He moved to London where he
entered into the following agreements.
1. Omar rented a flat in Chelsea for a period of 12 months, paying one month in advance, in
cash, from his savings. Three months later, Omar has not paid any further rent and the
landlord is threatening to take him to court for payment of the 11 months rent he claims that
Omar owes.
2. Omar bought, on credit, from a mail order company, various high quality kitchenware items
that he felt he needed for his flat. The bill came to £550, but nothing has been paid.
3. Omar took a job as a porter at Ponsonbys Auction Rooms which specialise in fine art
and antique sales. The rates of pay are very poor but Omar was encouraged to take the job
by a promise of extensive training. Omar has since discovered that the training consists
of a ha(a) In relation to the relevant law on minors entering into contracts, briefly explain and illustrate what
is meant by the following terms:
(i) a valid contract;
(ii) a voidable contract;
(iii) an unenforceable contract. (6 marks)
(b) Taking into account his age, discuss the following:
(i) whether Omar is legally bound to remain in occupation of the flat for the full 12 months;
(ii) how much money Omar is liable to pay. (4 marks)
(c) Taking into account his age, discuss Omars liability for payment for the kitchenware items that he
ordered on credit. (4 marks)
(d) Taking into account his age, discuss the following:
(i) whether or not Omars contract of employment with Ponsonbys would be considered valid;
(ii) whether Ponsonbys could legally force him to work his notice period. (4 marks)
(e) In relation to the contract for the sale of the pot at Quentins Delights (QD), discuss the following:
(i) whether QD would have been legally bound to sell the pot for £120, even though it might
have been worth considerably more; (4 marks)
(ii) how the law will deal with that contract now the pot has been destroyed. (4 marks)
(f) Comment on how well the law deals with issues relating to minors contracts. (4 marks)
Resolved Question: i have a cloth bound Spirit of Chelsea book anyone know the value?
it has three authentic signed certificates, peter bonnetti, ron harris peter osgood, i bid for this in auction 10 years ago and am thinking of selling it so i need to have an idea of what its worth any help
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