Question
1) Which of the following are the rights given to a hirer after the repossession of goods by the owner? i. The hirer may refuse
1) Which of the following are the rights given to a hirer after the repossession of
goods by the owner?
i. The hirer may refuse to settle the default payment
ii. The hirer may pay the amount in default together with the costs of
repossession
iii. The hirer can regain possession of the goods after remedying the default
iv. The hirer may request the owner to sell the goods to a person introduced
by the hirer for cash at a price of not less than the estimated value of the
goods
A. i, ii and iii
B. i, iii and iv
C. ii, iii and iv
D. i, ii, iii and iv
2) Awang entered into a hire purchase agreement with Syarikat Senang Beli for a
car. The price of the car in the hire purchase agreement is RM88,674.00. Awang
has failed to pay the last two successive instalments. Syarikat Senang Beli
wishes to repossess the car. However, Awang has already paid more than
RM70,000 to Syarikat Senang Beli. Can Syarikat Senang Beli repossess the car?
A. Yes, because Awang has defaulted in two successive payments
B. Yes, because it is the right of an owner to repossess goods after a hirer has
defaulted in payment
C. No, because Awang has not defaulted in four successive payments
D. No, because the Hire Purchase Act 1967 does not allow direct repossession
of goods by the owner in this situation
3) Kennedy sold his factory to Sufri for RM5 million. Kennedy stated that his factory
could produce 10,000 loafs of bread per day. Later Sufri discovered that the
factory can only produce 9,000 loafs of bread per day. What is the legal position
of the contract between Kennedy and Sufri?
A. The contract is voidable under undue influence
B. The contract is void under fraud
C. The contract is void under mistake
D. The contract is voidable under misrepresentation
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