Question 1 Kaya had promised his wife, Maya, that he would buy her a diamond bracelet...
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Question 1 Kaya had promised his wife, Maya, that he would buy her a diamond bracelet for her birthday, which was on 1 April 2023. However, Kaya did not keep his promise. When Maya reminded Kaya about his promise, he replied that he had changed his mind about buying her the bracelet. Maya is disappointed with Kaya and wishes to sue him for breach of contract. Advise Maya on her chances of success. Question 2 a. Ali contracted with Ashley, aged 16, to sell him a vase for RM15,000. Ashley has refused to honour the contract, stating that it is void. Explain whether the contract is void. b. Jeremy a 10-year-old was allowed to purchase food at his school canteen but was refused the right to dine at a hotel restaurant for their buffet lunch. Explain why? Question 3 Explain whether Ali is required by the law of contract to fulfil his promises in the following situations and explain the reasons for your answer. a. Ali promises to sell an expensive car to Rafiq for RM1000. b. Ali returns home and finds that Jack had cleaned his house and he promises to pay RM50 for his work. C. Zaki negotiated a deal with Ali to sell 2 of his houses worth more than RM2million to Zaki for RM1500.00 Question 4 Ali entered the following contracts with Syarikat Buildwell & Co, a firm dealing in realty and construction: i. A contract to purchase a piece of land from Buildwell at a price of RM10,000, a price very much below the market price. ii. A contract for the lease of an office building at a price of RM1,500 per month, a price which reflects the current market rate. The term of the lease is stated as 'for as long as the lessee wishes'. Buildwell now refuses to complete the contract for the sale of the land on the ground that the price is too low. Further it refuses to proceed with the grant of the lease claiming that the contract is not valid. Advise Ali on the legal position in respect of the contracts, (a) and (b). Question 1 Kaya had promised his wife, Maya, that he would buy her a diamond bracelet for her birthday, which was on 1 April 2023. However, Kaya did not keep his promise. When Maya reminded Kaya about his promise, he replied that he had changed his mind about buying her the bracelet. Maya is disappointed with Kaya and wishes to sue him for breach of contract. Advise Maya on her chances of success. Question 2 a. Ali contracted with Ashley, aged 16, to sell him a vase for RM15,000. Ashley has refused to honour the contract, stating that it is void. Explain whether the contract is void. b. Jeremy a 10-year-old was allowed to purchase food at his school canteen but was refused the right to dine at a hotel restaurant for their buffet lunch. Explain why? Question 3 Explain whether Ali is required by the law of contract to fulfil his promises in the following situations and explain the reasons for your answer. a. Ali promises to sell an expensive car to Rafiq for RM1000. b. Ali returns home and finds that Jack had cleaned his house and he promises to pay RM50 for his work. C. Zaki negotiated a deal with Ali to sell 2 of his houses worth more than RM2million to Zaki for RM1500.00 Question 4 Ali entered the following contracts with Syarikat Buildwell & Co, a firm dealing in realty and construction: i. A contract to purchase a piece of land from Buildwell at a price of RM10,000, a price very much below the market price. ii. A contract for the lease of an office building at a price of RM1,500 per month, a price which reflects the current market rate. The term of the lease is stated as 'for as long as the lessee wishes'. Buildwell now refuses to complete the contract for the sale of the land on the ground that the price is too low. Further it refuses to proceed with the grant of the lease claiming that the contract is not valid. Advise Ali on the legal position in respect of the contracts, (a) and (b).
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Question 1 Mayas chances of success in suing Kaya for breach of contract depend on several factors Firstly it needs to be determined whether a legally enforceable contract existed between Maya and Kay... View the full answer
Related Book For
Business Law and the Legal Environment
ISBN: 978-1337736954
8th edition
Authors: Jeffrey F. Beatty, Susan S. Samuelson, Patricia Sanchez Abril
Posted Date:
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