Assignment of Business Law 1

Faculty of Business

BBL2614 Business Law
Trimester 3, 2014-2015

Title: Case Study

Lecture Group: AC03
Lecturer: Dr. Abbas Hardani

Group members:

Student ID Student Name
1. 1121115351 Ng Xin Ping
2. 1131119155 Ng Xin Jia
3. 1131119901 Ang Shing Yi
4. 1131119152 Low Cher Lian
5. 1131119172 Kystal Ann Zhi Ling

Declaration by group leader
(This section is to be filled in the student’s own handwriting.)
I hereby declare that all group members’ names are correctly included in the above section. I hold a copy of this assignment which I can produce if the original is lost or damaged. I certify that no part of this assignment has been copied from any other student’s work or from any other source except where due acknowledgement is made in the assignment.

Group leader’s signature : _____________________________
Group leader’s name : _____________________________
Group leader’s student ID : _____________________________
Date : _____________________________

Table of content
No.
Title
Page No.
1.
Introduction
3
2.
Case Study
Question 1
Question 2
Question 3
Question 4

4-5
6-7
8-9
10-11
3.
Conclusion
12
4.
References
13

Introduction
The law of contract is regulated by the Contracts Act 1950. This means the contracts are made with reference to the laws in the Contracts Act 1950. Contracts Act 1950 is a Malaysian legislation categorized under Private Law which deals in settling disputes between individuals in a society. The Contracts Act 1950 was enacted by the parliament. The Contracts Act 1950 made provisions on matters relating to freedom to contract, legal characteristics of valid contract, bailment and pledge, agency and guarantees.
Under the Contracts Act 1950, a contract is defined as a legally binding agreement between two parties. This means any contract has to be made under the supervision of the law. There are 5 essential elements to prove the validity of a contract. It would not be a contract if any

References: The court held that the invasion of Malaya by the Japanese frustrated the performance of the contract and there was no breach of contract by the defendant. Another case can also be used as a reference which is the case of Taylor v Caldwell (1863) 2. Contract Law. (n.d.) Retrieved April 15, 2014, from http://www.lawteacher.net/contract-law/#1 3. Fraud Cites. (n.d.) Retrieved April 15, 2014, from http://freedom-school.com/law/fraud-cites-caselaw-to-use-in-court.html 4. Fraud Case Law Roundup-2013. (n.d.) Retrieved April 15, 2014, from http://www.blm-law.com/2301/17081/objects/blm-e-bulletin-topic/fraud-caselaw-