Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Question 5 (10 marks) Prativa has been working as an accountant at Best Accountants since July 2020. She married Ray in August 2016 who at

image text in transcribed
image text in transcribed
Question 5 (10 marks) Prativa has been working as an accountant at Best Accountants since July 2020. She married Ray in August 2016 who at that time had been working as the Chief Financial Officer at Sydney Finance Miracle. On their first wedding anniversary, Ray promised to buy a diamond necklace for Prativa. However, Ray lost his job immediately before the anniversary and as a result could not carry out his promise to Prativa. Their relationship started deteriorating. In December 2021, they agreed to end their relationship by way of divorce and as required by law, since then they have been living separately. In the meantime, while Ray was going through financial hardship early this year, Prativa lent him $10,000 upon the promise that Ray would repay the loan within a month. Required: Advise Prativa whether she can enforce Ray's promise to buy her a diamond ring and to repay the loan under the Australian contract law. Refer to relevant case laws in support of your answer. Click or tap here to enter text

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

Law Express Evidence

Authors: Chris Taylor

5th Edition

1292210192, 978-1292210193

More Books

Students also viewed these Law questions

Question

How can an entrepreneur learn from failures?

Answered: 1 week ago

Question

Discuss the scope of Human Resource Management

Answered: 1 week ago

Question

Discuss the different types of leadership

Answered: 1 week ago

Question

Write a note on Organisation manuals

Answered: 1 week ago

Question

Define Scientific Management

Answered: 1 week ago

Question

Explain budgetary Control

Answered: 1 week ago