Question
The case of De Lasallev Guildford is authority for the proposition that theParolEvidence Rule can be avoided if the agreement is a collateral contract.Which of
The case ofDe Lasallev Guildfordis authority for the proposition that theParolEvidence Rule can be avoided if the agreement is a collateral contract.Which of the following statements about a collateral contract is NOT true?
Select one:
a.Consideration for the collateral contract is entry into the main contract
b.A collateral contract does not require consideration
c.The statement in the collateral contract must be promissory in nature
d.A collateral contract applies when the parties did not intend the agreement to be legally binding
e.A collateral contract cannot contradict the main contract
What is the ratio decidendiofOscar Chess v Williams?
Select one:
a.The closer to the contract formation a representation is made, the more likely it is to be a term
b.The closer to the contract formation a representation is made, the less likely it is to be a term
c.The moreknowledgeablethe personmaking the representation, the more likely it is to be a term
d.One should not trust a secondhand car salesman
e.The more knowledgeable the person making the representation, the less likely it is to be a term
Which of the following is the most likely to form part of the contract and not a mere representation?
Select one:
a.A copy of the specifications given to the other party
b.An opinion
c.A general statement
d.A puff
e.A statement made 2 months before the contract is signed
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