1,Question text

Johnson asked his agent (Sania) to buy a property for him in London? Sania owned a couple of properties in London and without disclosing this fact to Johnson, she sold one of her properties to Johnson at market value. Is Sania in breach of her agency duties?

Select one:

a. No, because she has acted according to Johnsons instructions and has the property as required by Johnson

b. Yes, because Sania has a duty to account

c. Yes, because Sania has a duty to avoid conflict of interest

d. No, because Sania has made no secret profit on sale of property as property was sold at market value

2,Question text

The courts may imply a term based on business efficacy where:

Select one:

a. It is required by legislation

b. The parties have always agreed it before

c. It is necessary for the performance of the contract

d. It is custom and practice in the industry

3,Question text

Which of the following statements is true regarding the liability for inducing a breach of contract?

Select one:

a. One who has induced the breach of the contract is liable under the law of contract.

b. One who has breached the contract is liable under the law of torts.

c. One who induces a breach of contract is liable under the law of tort.

d. No liability exists for inducing a breach of contract.