Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

TEMASEK POLYTECHNIC DIPLOMA IN PARA-LEGAL STUDIES LAW OF CONTRACT INDIVIDUAL PROJECT DIPLOMA IN PARA-LEGAL STUDIES LAW OF CONTRACT INDIVIDUAL PROJECT QUESTIONS 1. Muni and Andy

image text in transcribed
TEMASEK POLYTECHNIC DIPLOMA IN PARA-LEGAL STUDIES LAW OF CONTRACT INDIVIDUAL PROJECT DIPLOMA IN PARA-LEGAL STUDIES LAW OF CONTRACT INDIVIDUAL PROJECT QUESTIONS 1. Muni and Andy have been close friends since their school days. Muni is financially very wealthy now. In the past Muni had some financial problems and Andy had assisted him with his living expenses. In an email dated 25th April 2022 to Andy, Muni states that he will transfer ownership of his sports car (Registration No SB 007) to Andy as a gift on 1st September 2022. Muni further informs Andy to treat it as a token of friendship and for the financial assistance rendered in the past. Andy replies to Muni's email on 2nd June 2021 stating that he will be more than pleased to receive the sports car as a gift on 1st September 2022. Andy's wife, Anju tells Andy to consult a solicitor on the legal validity of Muni's agreement to transfer the sports car. Advice Andy on the legal validity of Muni's agreement to transfer the sports car. In your advice, you are also expected to make suggestions to Andy, on the steps he could take to make the agreement enforceable. (10 marks)

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

Statistics For Business And Economics

Authors: James T. McClave, P. George Benson, Terry Sincich

13th Edition

134506596, 978-0134506593

Students also viewed these Law questions