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Hello tutors please guide me on the questions below. Be detailed on each question for thumbs up rating. Link: https://realbusiness.co.uk/-approach-a-hyperlink-contracts/ 1. the general rule that
Hello tutors please guide me on the questions below. Be detailed on each question for thumbs up rating.
Link: https://realbusiness.co.uk/-approach-a-hyperlink-contracts/
1. the general rule that for a contract to be discharged by performance, the performance must be
precise and exact was exceptions to mitigate its harshness
Discuss five exemptions to this general rule.
2.in relation to the law of contracts, describe three mistakes that render a contract void.
3.a) an offer is a promise which when accepted constitutes an agreement. It may be terminated
by revocation, counter-offer or by lapsing.
Discuss four ways in which four ways in which an offer could collapse
b) the general rules is that silence cannot constitute a misrepresentation. A party to a contract is
therefore under no duty to disclose all material facts.
Explain the exceptions to this rule.
c) peter, a manufacturer, entered into a contract to make 10,000 candles for paul, a wholesaler.
Paul issued an order to peter for the supply of the candles subsequently, there was a major power
blackout which lasted for three days thereby affecting the operation at peter's processing plant.
In addition, peter machine broke down due to power after he had made 8,000 candles. Peter has
submitted a claim to paul for payment for the 8,000 candles. Paul has refused to pay peter on the
ground that the contract is not fully executed.
Explain the legal principles applicable in the case and advise peter.
4.highloight the rules that govern the capacity of parties to enter into legally binding contract.
5. in relation to the contract of sale of goods.
6. where goods have been let under a hire-purchase agreement and two-thirds of the hire
purchase price has been paid the owner shall not enforce any right to recover possession of the
goods from the hirer otherwise than by suit.
Explain three consequences of contravention of the above provision by the owner
7.describe five duties of the owner of goods in the hire purchase agreement.
8.ben purchased a motor vehicle from Arizona motors ltd under a hire purchase agreement at a
cost of sh. 600,000 payable in twelve installments. After paying six installments, he gave the car
to his wife lsaby as a gift. The following month, their relationship become strained and ben
moved out of the matrimonial home taking car with him. lsaby feels aggrieved and has come to
you with mandatory instructions to file a case against ben for recovery of the car
Identify the legal principles applicable in the above case and advise lsaby.
9.explain the information that must be contained in the written memorandum of a hire purchase
agreement for the agreement to be enforceable.
10. explain the meaning of the term hire purchase agreement
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