Question
According to the UK Law of Contracts Act 1950, can you help me identify the issue of the problem question (scenario) and give me all
According to the UK Law of Contracts Act 1950, can you help me identify the issue of the problem question (scenario) and give me all the relevant authority that can be found in the scenario.
Scenario 1 (Issue is Consideration? ) Reese and Tina are friends. Reese had tried to win Tina's heart multiple times, but Tina was not interested in him. In his last attempt to win Tina's heart, Reese offered to give Tina all his art and car collection which could amount to RM 2,000,000 as long as Tina loves him sincerely. Tina was confused and wondered if this kind of promise is valid in the eyes of law. Issue:
Law:
Application:
Conclusion:
Scenario 2 ( Issue is Capacity to Contract? ) Arina is a gifted young artist. She started to design and make her own online comic when she was 9 years old. She is considered a child prodigy due to her massive talent. Currently at 13 years old, Arina wants to try to apply for a position at Dreams Studio as an illustrator. Dreams Studio was excited when they heard Arina wanted to join them as an employee because it could be good publicity for the company. However, many people think that it is the wrong thing to do. Dreams Studio seeks for your advice. Issue:
Law:
Application:
Conclusion:
Scenario 3 ( Issue is Discharge by Frustration? ) Jake is a famous artist from Kuala Lumpur. His paintings are highly sought after by art collectors in Malaysia. He decided to sell some of his masterpieces at his gallery in Bangsar. A rich businessman and art collector, Adam, bought all Jake's masterpieces that were up for sale for RM100,000. He paid by cash directly to Jake. Jake told Adam that he will deliver the paintings to Adam's house in five working days. Two days before the delivery to Adam's house, Jake's gallery caught fire due to a short circuit in one of the rooms in the gallery. The fire destroyed all of the paintings in the gallery including ones already paid by Adam. Adam was upset and wants to sue Jake.
Issue:
Law:
Application:
Conclusion:
*Could you attacted the references together? tqsm.
Step by Step Solution
There are 3 Steps involved in it
Step: 1
![blur-text-image](https://dsd5zvtm8ll6.cloudfront.net/includes/images/document_product_info/blur-text-image.webp)
Get Instant Access with AI-Powered Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
![blur-text-image](https://dsd5zvtm8ll6.cloudfront.net/includes/images/document_product_info/blur-subtext-image.webp)
Step: 3
![blur-text-image](https://dsd5zvtm8ll6.cloudfront.net/includes/images/document_product_info/blur-subtext-image.webp)
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started