The Case Of: La Forrest V Ford and Ors [2001]

question 30

Multiple Choice

The case of: La Forrest v Ford and Ors [2001] QCA 455 is authority for the principle that:

• A) Acceptance of an offer by email is capable of creating a legal relationship.
• B) An electronic communication is received at the addressee's place of business.
• C) The usual principles of contract law apply to eBay.
• D) All of the above.

---

Definitions:

Demand Curve

A graphical representation that shows the relationship between the price of a good and the quantity demanded by consumers, typically downward sloping.

Price Elasticity

The measure of how much the quantity demanded of a good responds to a change in the price of that good.

Demand Curve

A diagram that illustrates the connection between a product's cost and the amount of it consumers want to buy at various prices.

Substitution Effect

The change in the consumption pattern of goods or services due to a change in their relative prices, causing consumers to replace more expensive items with cheaper alternatives.