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Answer the followimg Reno a very persuasive salesperson, induces Marco a newly arrived immigrant to America to enter into a contract to purchase a computer.
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- Reno a very persuasive salesperson, induces Marco a newly arrived immigrant to America to enter into a contract to purchase a computer. On reflection, Marco wishes to avoid this contract as he does not need the computer nor does he have any computer skills or knowledge. Advise Marco of any available legal avenues to give back the computer and get a refund of monies paid to Reno.
- In what ways may a contract be discharged?
- In respect to discharge by breach of contract, what is the effect of repudiation or renunciation by one of the parties to the contract?
- What would be the grounds for termination of a contract for breach of an essential term?
- If performance of their obligations becomes impossible through no fault of the parties, the parties' contractual obligations are automatically discharged.
- Under what circumstances will the quantum meruit rule operate?
- Explain the difference between an entire contract and a divisible contract?
- What is the effect of a clause stating tht time is 'of the essence' in the contract?
- Explain how the rules of payment by post is applied in respect to discharge of contract?
- Explain the operation of discharge by actual performance?
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