Law of Contract: Formation
ICAN Business Law

On June 1, 2024, Eko Construction Limited in Lagos sent a written offer by registered post to Danladi Cement Company Limited in Kano, offering to purchase 10,000 metric tonnes of cement at ₦80,000 per…

Asejere Nigeria Limited operates a retail supermarket chain in Ikeja, Lagos. In November 2023, due to a printing error by an inexperienced store clerk, a high-capacity industrial generator was display…

Alhaja Kemi operates a lucrative building materials business in Ibadan, Oyo State. In January 2023, she orally agreed with her nephew, Tunde (a graduate architect working in Lagos), that if Tunde resi…

Adebayo offered to sell an industrial generator to Chidi for ₦1,500,000. In response, Chidi stated that he would purchase the generator for ₦1,200,000. Adebayo declined the lower price. Chidi subseque…

Prior to the incorporation of Zenith Logistics Ltd, Mr. Tunde entered into a written contract in his own name 'for and on behalf of Zenith Logistics Ltd' to lease a commercial warehouse from Lekki Pro…

Ade saw a laptop displayed in a shop window at Victoria Island, Lagos, marked with a price tag of ₦250,000. Under Nigerian contract law, the display of the laptop with a price tag constitutes which of…

Apex Construction Ltd contracted with the Kano State Ministry of Works to construct a road for ₦500,000,000 with a completion date of December 31. By October, Apex realized it would suffer a financial…

In the law of contract, which of the following best states the general rule regarding the revocation of an offer?

On May 2, Chief Okon posted a letter offering to sell his tractor to Alabi for ₦12,000,000. Alabi received the letter on May 4 and posted a letter of acceptance on May 6. Chief Okon received the accep…

Kalu voluntarily repaired a commercial delivery van belonging to Emeka without any prior request or agreement. Two weeks after the repairs were completed, Emeka expressed gratitude and promised in wri…