Questions on Contract
1. a) Define Contract.
b) Explain the essentials of a valid contract.
2. a) What is an offer?
b) When does it complete?
c) Discuss the legalrules of a validoffer.
3. a) What is an acceptance?
b) How can an offer be accepted??
c) Discuss the...
of business agreement and the importance of the key |
|valid and legally binding contract and |elements required for the formation of a valid contract |
|its role in a business context |• apply the rules of offer and acceptance in a given scenario, also...
relating to Acceptance.
4. “Agreements in restraint of trade are void. What are its exceptions?
5. What is an offer? State the rules of a validoffer.
6. Discuss the provisions of Indian Law relating to the capacity of parties to the contract.
7. Define a contract. Explain the...
assess the importance of the rules legally binding contract in the given situation. Select and apply appropriate techniques (M2)
Characteristics / Possible Evidence – Select and apply appropriate legalrules using of various case examples related to offer and acceptance, consideration, capacity...
. The appropriate legal capacity of the contracting parties.p4
❖ „Carlill vs Carbolic Smoke Ball Co. “………………………...p4
3. Part 2
The influence of IT technology on a binding contract & Indication of the rules of offer and acceptance………………..p5
4. Part 3
deposit money in his savings account at a bank
Where minor contracts with the guardian’s assistance
56. Explain the legalrules if a minor contracts assisted
a. The guardian is usually the parent OR a person appointed by court
b. If the guardian assists the minor when the...
contract ,parties must be competent” comment with reference to the law relating to competency of parties.
Q34)Explain the concepts of offer and acceptance .Explain the rulesregardingoffer and acceptance .with appropriate case law.
Q.35) write Short notes (any 3)
missing in an agreement, such agreement is not enforceable by law.
Proposal and Acceptance
Q. Define offer and acceptance. Explainrulesregardingvalidacceptance.
Ans.: The term offer is also called proposal. It is defined under Indian Contract Act, 1872 Section 2(a), “when one...
are the contracts which are required to be in writing, signed by both the parties and required to be registered with some competent authority?
12. What is free consent?
13. State the rulesregarding communication of offer, acceptance and revocation.
14. Distinguish between: Coercion and Undue...
a true offer has been made because it can be make misunderstood among parties and once it is accepted the parties are bound, it’s means there is legal consequences for words or action means accepted, because the contract is formed at the time and place the acceptance is receive by the offeror...
between B and A on 23-02-2008
3 Explain what are the essential elements of a contract (10 m)
Contracts in Malaysia are governed under the Contracts Act 1950.The essential element of a contract is offer, acceptance,consideration, intention to create legal relations, capacity to contract...
offer is made over telephone, and during the conversation the lines “goes dead” and the offeror does not hear the offeree’s word of acceptance, then is there a contract existing?
a) Yes, offer made by it self denotes acceptance b) Oral contract not valid
c) Contract without direct contact is not valid...
Civil Code and our legal library pertaining to 1) offer and acceptance, 2) Green’s statute of frauds, and 3) Green’s “mirror image rule.” For your convenience, we have bolded and defined legal terminology that will be reiterated in later sections of this correspondence.
Offer and Acceptance
understanding of Indian contract act 1872, Doraemon’s offer is a unilateral one and can be accepted by anyone along with the friends who where presents there .however, the acceptor (spongebob) of the contract has not followed some legalrules of the acceptance .were moving towards the doraemon & SpongeBob...
1. Does the silence of a party to an agreement regarding certain facts related to the agreement amounts to fraud? What are the consequences if one of the parties has maintained silence over a material fact of the agreement? Explain with the help of suitable examples.
Misrepresentation is one of...
between the two.
Note the essential elements of contract.
e clear about various types of contract.
nderstand the concept of offer and acceptance and rules of communication and revocation
The Law of Contract: General Principles
As a result of increasing...
(Hints: No, the fisherman cannot claim the money because he swam the distance without knowing about the offer.)
P.10. ‘A’ sends a proposal to ‘B’ by post. ‘B’ dies before accepting the proposal. ‘B’s legal representative accepts the proposal. Is this acceptancevalid?
obligations of the parties on acceptance are unclear, it is unlikely to be a validoffer in legal terms. Similarly, if the terms of the offer are vague and uncertain, it may indicate that the parties lack intention, not having yet reached the stage of negotiations at which each intends to be legally...
requisite intention to enter into legal relations. If an offer is so vague that the respective obligations of the parties on acceptance are unclear, it is unlikely to be a validoffer in legal terms. Similarly, if the terms of the offer are vague and uncertain, it may indicate that the parties lack...