Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

MGMT 2021 Business Law - Summer 2022 - Assignment #1 Closed- 18 th June 11.55 PM EC time ONE Question Only. (Answer both part A

MGMT 2021 Business Law - Summer 2022 - Assignment #1

Closed- 18th June 11.55 PM EC time

ONE Question Only. (Answer both part A and B)

(a) Consideration can be defined as "something of value in the eye's of the law", but consideration is not a critical factor factor to any contractual obligations and as such, it has to be ignored in any contract.

Critically discuss this statement, with the following requirements;

  1. Five (5) applicable case laws on the subject matter.
  2. State clearly
  • The issue
  • Basic facts of the Cases
  • The Judgement (20 marks )

(b) With respect to the doctrine on Consideration, Past Consideration is 'irrelevant'

Critically discuss this statement, with the following requirements;

  1. Three (3) applicable case laws on the subject matter
  2. State clearly
  • The issue
  • Basic facts of the Cases
  • The Judgement (20 marks )

Total (40 marks )

Note.

  • You cannot copy and paste the various cases.
  • You are required to discuss via a few paragraphs, what was the issue, basic facts and the judgement.
  • Conclude by applying the mentioned cases to the issue at hand in respect of question (a) and (b) above.

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

Elliott And Quinns Contract Law

Authors: Frances Quinn

12th Edition

1292251409, 978-1292251400

More Books

Students also viewed these Law questions

Question

Write a Python program to check an input number is prime or not.

Answered: 1 week ago

Question

Write a program to check an input year is leap or not.

Answered: 1 week ago

Question

Write short notes on departmentation.

Answered: 1 week ago

Question

6. What information processes operate in communication situations?

Answered: 1 week ago

Question

3. How can we use information and communication to generate trust?

Answered: 1 week ago