WebWN Hillas & Co. Ltd. v Arcos Ltd.: The effect of the application of certainty principles is in some sense governed by the nature of the agreement – whether it encapsulates artificial terminology long defined by the courts, or whether it involves background commercial knowledge. o An option is not in and of itself an enforceable agreement. ... http://www.saflii.org/za/cases/ZAKZDHC/2016/3.pdf

Clark Piokole v Rei Logona - Case Law - VLEX 922780818

WebAs for the Hillas & CO v. Arcos Ltd., Hillas purchased 22,000 units of timber from Arcos Ltd., ending in a contract (Justia, 2005). The contract stated that Hillas & CO could purchase any number of units of timber up to 100,000 at a discounted rate of … WebLord Wright said in Hillas & Co Ltd v Arcos Ltd [1932] All ER Rep 494 (HL) 499H that: 'Business men often record the most important agreements in crude and summary fashion; modes of expression sufficient and clear to them in the course of their business may appear to those unfamiliar with the business far from complete or ... foto bernina

Case Summaries.docx - Scammell and Nephew v Ouston 1941 ...

WebHillas & Co. were merchants purchasing timber from Arcos. They reached an agreement to purchase 22,000 standards of timber, under the specific condition that they should also … WebHillas bought some timber from the timer merchants Arcos Ltd. They purchased 22,000 units of timber, and the agreement also contained an option that they would be able to … Lord Atkinson in Addis v Gramophone Co. Ltd (1909) described damages as this; ‘I … WebIn Hillas & Co Ltd v Arcos Ltd the House of Lords was prepared to uphold a clause relating to ‘softwood goods of fair specification’ on the basis that, if the parties failed to agree on what was a ‘fair’ specification, ‘the law can be invoked to determine what is reasonable in the way of specification, and thus the machinery is ... foto bernhard hardheim