Property of XYZ Vend solutions Pty Ltd - Report Writing - Accounting and Finance Assignment Help

Assignment Task:

You are at the train station waiting for your train to arrive. You see a vending machine from where you can buy snacks and chips for $3.50. Posted on the machine is a sign saying: “Property of XYZ Vend solutions Pty Ltd”. You insert the coins required into the machine and out comes a packet of chips. However, when you open the packet of chips, you find bits of plastic inside and you do not want to eat the chips. You want your money back. 

Required: With reference to the essential elements for the formation of a contract, explain:
a) Did you enter a contract in this scenario? (5 marks, maximum 500 words)
b) If your answer is yes, with whom did you enter a contract? (5 marks, maximum 150 words)

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