Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Hello tutors please help me on the following questions, follow the link below for reference. https://www.airtract.com/question/what-is-consideration-in-business-law#:~:text=Consideration%20is%20%20which%20has,or%20goods%20and%20services%20etc.&text=For%20example%2C%20you%20go%20to,pay%20the%20shop%20a%20consideration. 1.many clauses in a contract purport to exclude liability

Hello tutors please help me on the following questions, follow the link below for reference.

https://www.airtract.com/question/what-is-consideration-in-business-law#:~:text=Consideration%20is%20%20which%20has,or%20goods%20and%20services%20etc.&text=For%20example%2C%20you%20go%20to,pay%20the%20shop%20a%20consideration.

1.many clauses in a contract purport to exclude liability of injury, loss or damage

Explain five rules that determine the effectiveness of such clauses.

2. one of the remedies on breach of contract in action is for specific performance. Hower there

are cases when the remedy might or might not be granted. With reference to the above statement,

identify three cases when specific performance might be granted and three cases when it might

not be granted.

3. Alex entered into a five-year written lease agreement for office premises with mercy. After the

end of the lease period, the parties agreed that mercy would continue occupying the office

premises for another five years. On that basis, mercy made extensive renovations to the office

premises. She installed new carpets, painted the premises and put in a new heating system.

Alex later changed his mind and told mercy to vacate the office premises claiming the lease

agreement has expired.

With specific references to promissory estoppel in the law of contract, advice mercy on her legal

rights.

4.summarise four ways by which a contract might be discharged by operation of the law.

5.explain four essentials of an enforceable contract.

6.discuss five remedies available when there is breach of a contract.

7. sumarise three exemptions lied down in tournier v. national provincial and union bank of

England (1924). Regarding the banks duty of non-disclosure concerning its customers affairs

8.a define the tern invitation of treat

Explain four types of invitation treat

b) discuss five valid essentials of a contract

9.explain five exemption clauses which if included in a contract might be considered null and

void.

10.under the law of contract, certain types of contracts must be evidenced in writing for them to

be valid

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

Morality And The Law

Authors: Roslyn Muraskin, Matthew Muraskin

1st Edition

013916958X, 9780139169588

More Books

Students also viewed these Law questions