Discuss four-step process and principles of contract law


Problem: Junior wants to stimulate sales at his electronic component supplies warehouse. His profitability during the Covd-19 pandemic was severely compromised and the business was very close to bankruptcy. Junior decides to advertise a 50% discount for the first five (5) customers the following day. Carmela sees the advertisement and is keen to take advantage of it as she needs to stock up on supplies for her Business Supplies warehouse called OfficePerks in which she sells printers and photocopiers, among many other items. Carmela sleeps outside the warehouse in a sleeping bag at the front door and was the first customer the next day. Pleased that she is the first customer of the day, she and Junior discuss the sale of a number of supply items and she selects 20 photocopiers and 40 printers. Junior however informs Carmela that, unfortunately, the discount is unavailable. Does Carmela have any right to insist upon the 50% discount?

Using the 4-step process and the principles of contract law discuss whether Carmela can insist on the 50% discount on the office equipment she has selected or can Junior insist upon the full price of the items?

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Business Law and Ethics: Discuss four-step process and principles of contract law
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