1. P3

2. Have you ever done something for nothing?

3. Do you own a mobile phone?

4. Terms of a contract Offer Acceptance Price (consideration)
Express and implied terms
Obligations of the buyer
Obligations of the seller (of goods)
Obligations of the provider of services

5. Express terms Terms that are externally stated (orally or writing)
Included as a condition in a contract and the seller must comply
Examples
Specific delivery date
Warranty
Price
Quality

6. Implied terms Where terms are not specifically stated Examples
It is implied you will pay a reasonable price for an item – you cannot expect to receive it for nothing
All of the Acts (e.g. Sales of Goods Act, Consumer Protection Act)

7. Obligations of the buyer
For the customer they must:
Pay the agreed price
Take delivery of the item
Gain any necessary licences or permissions (e.g. buying firearms requires you to have a licence for the product)

8. Obligations of the seller of goods
The business or seller of the item must:
Pack and deliver the goods safely
Deliver the correct products
Charge the agreed price

9. Obligations of the provider of services
The seller of services (e.g. hairdressing) must:
Provide what they say they are going to
Start and finish work on time
Use reasonable care and skill
Use suitable materials

10. Your Task Create a poster that explains:
The stages of a contract (offer, acceptance, consideration, express and implied terms and obligations)
Definition of express and implied terms with examples
Explain the obligations to the buyer, seller (of goods and services)