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A: Hang on a minute. What has the House of Lords got to do with all this?
B: The House of Lords is the Supreme Court in the English legal system. If there is an appeal against a
decision in the lower courts, it may be referred to a higher court for judicial examination – the House of
Lords being at the top of the tree, as it were.
A: What’s a tender?
B: I suppose you could define it as an offer to supply goods and services. Anyway, as I was saying,
when a tender is accepted, a contract must be drawn up to make the agreement between the parties
legally binding. If one of the parties is subsequently guilty of a breach of contract, the injured party
may sue for damages or even obtain an injunction, which is a court order requiring a person to do or
stop doing a certain act, as the case may be.
A: Surprise, surprise!
B: Yes – anybody in the case of a voluntary winding up, it is the company that appoints the liquidator.