Speedy Garages is described to be involved in selling motorcycles. Gary, as an individual consumer, agreed to purchase a new motorcycle from this company on usual HP terms. Later, he realized that there was a requirement to pay a half amount of the product and he did not have enough money to afford it.
Scenario in which Gary and Speedy Garages Ltd involved can instantly remind the fact that terms of a contract could be so vague that there was not any contract made between the parties. The contract between the parties was based on usual HP terms and interestingly, HP terms may vary depending on the type of product that is being offered and the customer themselves.
Finally, it could be argued that there was no contract made between the parties. Firstly, because HP terms and conditions were not specified with the frequency as well as the amount of repayments