Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

lodging, education and training in a trade and essential serv1ces. (a) True (D) False 20. A counter offer rejects and destroys the original offer previously

image text in transcribed
image text in transcribed
lodging, education and training in a trade and essential serv1ces. (a) True (D) False 20. A counter offer rejects and destroys the original offer previously made by the offeror and makes the tendering of a subsequent acceptance of the original offer invalid. (a) True (b) False 21. The performance of an act or a promise to perform an act may be sufficient consideration for another promise notwithstanding that the performance of that act may already be enforced by a pre-existing legal duty whether enforceable by the party or not. (a) True (b) False 22. Where a promise is made subsequent to and independent of the act in question, it constitutes past consideration and such consideration is generally not suicient to support an enforceable contract. (a) True (b) False 23. The postal rule applies to letters of acceptance, based on the express terms of the offer. (a) True (b) False 24. Where a counter offer is communicated through the post, the counter offer takes effect 'om the time when the letter is posted. (a) True ([1) False 25. A promise to keep an offer open for acceptance for a specied period of time is binding on the offeror only when the o'eree has provided consideration for the promise. (a) True (b) False 26. Contracts entered into between a husband and wife in a domestic setting are usually intended to create legal relations between them. (a) True (b) False 27. The rules of Common Law and customary law serve as the primary source of law regulating contracts for the sale of goods. (a) True (b) False 28. Under every contract for the sale of goods the seller must transfer the title to an absolute legal interest or an absolute right of ownership of the goods to the buyer and not mere possession of the goods or any limited or qualied title. (a) True 0)) False 29. Once the buyer has been given the opportunity by the seller to inspect the goods, he will be deemed to have examined the goods even if he performs an incomplete or haphazard examination, or if he fails to examine the goods at all. (a) True 0)) False 30. Where the seller is in breach of a term classied or described as a fundamental obligation the buyer is not entitled to repudiate or terminate the entire contract. (a) True (b) False 31. Where a seller delivers goods, which substantially correspond to the description or sample by which they are sold, but do not exactly correspond to the description or sample by which they are sold, the buyer would be entitled to reject the goods. (a) True (b) False 32. A contract of sale of goods is dened by the Sale of Goods Act as a contract whereby the seller agrees to transfer the property in goods to the buyer for a consideration called the price, consisting wholly or partly of monev. (a) True (b) False

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

Criminal Law

Authors: William Wilson

7th Edition

1292286741, 978-1292286747

More Books

Students also viewed these Law questions

Question

13. Give four examples of psychological Maginot lines.

Answered: 1 week ago