Question
51. Mahmood is one of the director for Koperasi Penduduk Kg. Batu and was asked to purchase a piece of land in Gombak for Koperasi
51.
Mahmood is one of the director for Koperasi Penduduk Kg. Batu and was asked to purchase a piece of land in Gombak for Koperasi to built houses to be sold to interested members of the Koperasi. Mahmood managed to purchase a piece of land in Gombak at the price of RM500,000-00 from the owner.
However Mahmood informed the Koperasi, with the knowledge of the owner, that the purchase price is RM750,000-00. The Koperasi paid RM750,000-00 to the owner who then paid Mahmood RM250,000-00. Subsequently, the payment made to Mahmood came to the knowledge of the Koperasi and the Koperasi seek your advice on the possibility of recovering RM250,000-00 from Mahmood.
Advice the Koperasi and support your answer with all relevant provisions of the Contract Act 1950 and decided cases.51.
Mahmood is one of the director for Koperasi Penduduk Kg. Batu and was asked to purchase a piece of land in Gombak for Koperasi to built houses to be sold to interested members of the Koperasi. Mahmood managed to purchase a piece of land in Gombak at the price of RM500,000-00 from the owner.
However Mahmood informed the Koperasi, with the knowledge of the owner, that the purchase price is RM750,000-00. The Koperasi paid RM750,000-00 to the owner who then paid Mahmood RM250,000-00. Subsequently, the payment made to Mahmood came to the knowledge of the Koperasi and the Koperasi seek your advice on the possibility of recovering RM250,000-00 from Mahmood.
Advice the Koperasi and support your answer with all relevant provisions of the Contract Act 1950 and decided cases.51.
Mahmood is one of the director for Koperasi Penduduk Kg. Batu and was asked to purchase a piece of land in Gombak for Koperasi to built houses to be sold to interested members of the Koperasi. Mahmood managed to purchase a piece of land in Gombak at the price of RM500,000-00 from the owner.
However Mahmood informed the Koperasi, with the knowledge of the owner, that the purchase price is RM750,000-00. The Koperasi paid RM750,000-00 to the owner who then paid Mahmood RM250,000-00. Subsequently, the payment made to Mahmood came to the knowledge of the Koperasi and the Koperasi seek your advice on the possibility of recovering RM250,000-00 from Mahmood.
Advice the Koperasi and support your answer with all relevant provisions of the Contract Act 1950 and decided cases.
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started
Essential Criminal Law
Authors: Matthew Lippman
3rd Edition
154435598X, 978-1544355986
