Felthouse v. Bindley Case Study

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What was the price initially offered by the uncle for the horse?

15 guineas

20 guineas

40 guineas

30 guineas (correct)

What action could have bound the uncle to the bargain according to the text?

Writing to repudiate the offer (correct)

Setting a deadline for the offer

Accepting payment for the horse

Verbally agreeing to the offer

What event signaled the nephew's clear intention to have his uncle buy the horse?

Verbally confirming the offer

Signing a contract

Lowering the price of the horse

Selling his farming stock by auction (correct)

What legal term refers to an open offer that has not yet been accepted?

Invitation to treat Signup and view all the answers

How could the uncle have retracted his offer before acceptance?

Writing to repudiate the offer Signup and view all the answers

What action would have legally bound the nephew to sell the horse to his uncle?

Writing to confirm his intention Signup and view all the answers

What was the outcome of the horse in question at the auction?

It was sold to William Bindley for £331. Signup and view all the answers

What reason did the defendant give for not reserving the horse as instructed?

He was preoccupied with a lot of business. Signup and view all the answers

Who expressed annoyance regarding the sale of the horse in question?

John Felthouse Signup and view all the answers

What did John Felthouse mistakenly believe Mr. Bindley was doing during the auction?

Acting according to a previous arrangement with Mr. Glover. Signup and view all the answers

What caused the defendant (the auctioneer) to forget to reserve the horse?

A heavy workload and a lack of time. Signup and view all the answers

What action did the plaintiff take after learning about the mistake at the auction?

He wrote a letter to notify the defendant about the oversight. Signup and view all the answers

What was the outcome of the case Felthouse v. Bindley regarding the sale of the horse?

A could not maintain an action against the auctioneer for the conversion of the horse. Signup and view all the answers

Why was A unable to maintain an action against the auctioneer for the conversion of the horse in Felthouse v. Bindley?

No money was exchanged between A and B for the horse. Signup and view all the answers

What action did A take after B's letter proposing a price misunderstanding?

A proposed to split the price difference with B. Signup and view all the answers

Why did A's subsequent letter have no legal impact on ownership of the horse?

The letter was sent after the horse had been sold to a third party. Signup and view all the answers

What was the main reason behind A losing his claim against the auctioneer?

A did not pay any money for the horse. Signup and view all the answers

Why could A not maintain an action against the auctioneer for converting the horse?

B's subsequent letter acknowledged A's ownership of the horse. Signup and view all the answers