FREE Trial
Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Consideration and an intention to create legal intention are two of the elements needed to form a valid contract. Required: (a) Define consideration and explain

image text in transcribed
Consideration and an intention to create legal intention are two of the elements needed to form a valid contract. Required: (a) Define consideration and explain the THREE (3) rules on consideration. (13 marks) (b ) Discuss the ways the courts determine if an intention to create legal relations is present in a transaction. (12 marks) Support your answers with relevant case law

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Public Law

Public Law

Authors: John Stanton, Craig Prescott

3rd Edition

0192857460, 978-0192857460

More Books

Students also viewed these Law questions

Question

★★★★★
Describe the three most common motives for acquisition.

Answered: 1 week ago

Question

★★★★★
In problem 11.12, include the presence of an external magnetostatic field B in the z direction and deduce the following expression for the nonequilibrium distribution function: Show that the heat...

Answered: 1 week ago

Question

★★★★★
1. Understand dangerous offenders and why treatment of dangerous offenders is important for reducing recidivism and ensuring community safety

Answered: 1 week ago

Question

★★★★★
Refer to the information reported about Golden Corporation in Problem 16- 4A. In Problem 16- 4A, Golden Corp., a merchandiser, recently completed its 2013 operations. For the year, (1) all sales are...

Answered: 1 week ago

Question

★★★★★
Which of the following are common threats to data transmission? Select all that apply. Phishing Eavesdropping Data exfiltration Man - in - the - middle attacks

Answered: 1 week ago

Question

★★★★★
Which of the following statements best fits a neoclassical economic policy? a) The primary objective of monetary policy should be to stabilize aggregate output. b) Government economic policy should...

Answered: 1 week ago

Question

★★★★★
How do you find the IP address of your Linux machine using the command line? 2. (10 pt) Display your current directory in a terminal

Answered: 1 week ago

Question

★★★★★
A company uses a two-variance analysis for overhead variances, controllable and volume. The volume variance is the difference between the factory overhead applied at standard and: a. Total factory...

Answered: 1 week ago

Question

★★★★★
2. A test has two portions: verbal and math. The scores for each portion are positively correlated with a correlation coefficient of 0.55. A scatter diagram of the scores is football shaped. Scores...

Answered: 1 week ago

Question

★★★★★
This module aims to teach you to break down many engineering or everyday life processes into smaller problems. Models can then be created based on conservation of mass, momentum and energy (heat)....

Answered: 1 week ago

Question

★★★★★
You are performing an earned value analysis (EVM) on your 28-week project. The project was scheduled to be 50% complete at this time. You have finished 14 of the 32 deliverables (all of equal value)....

Answered: 1 week ago

Question

★★★★★
creat a schedule of purchases for a production schedule for turning cocoa beans into delicious chocolate bars. Here are the steps involved: Sourcing and Importing Cocoa Beans: Cocoa beans are sourced...

Answered: 1 week ago

Question

★★★★★
3. An initial value (anchoring).

Answered: 1 week ago

Question

★★★★★
4. Similarity (representativeness).

Answered: 1 week ago

Question

★★★★★
2. In this chapter, the reader should reflect on the following concepts: Idealized system design, analogue thinking, contrast principle, consistency principle, reciprocity principle, scarcity...

Answered: 1 week ago

Previous Question Next Question