Contract Law – Page 3

BCL – Nov 2024 – L1 – Q4c – Contractual Obligations of a Minor

Legal validity of a contract involving a minor performing services for payment.

Question

Amevo is a minor and a professional dancer. He entered into a contract to perform a series of dances for GH¢5,000 an hour per night of performance. The rule as accepted was that failure to perform in one series without reasonable excuse would incur a percentage deduction from his earnings at subsequent performances. Amevo failed to perform at one of the series. His attention was drawn to the rule, but he now thinks the deduction should not be made.

Required:
Advise Amevo.

Answer

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Tags: Beneficial Contracts, Breach of Contract, Contract Law, Legal obligations, Minor’s Contracts
Level: Level 1

Topic: Contract Law
Series: Nov 2024

BL – Nov 2020 – L1 – SB – Q3a – Law of Contract

Discuss how courts assess intent to create legal relations and advise on breach in social and commercial contexts.

Question

i. A contract may be enforced if the parties have an intention to enter into a legally enforceable agreement.

Required:
Explain ONE way by which the courts determine whether or not the parties to an agreement have an intention to create legal relations.

ii. Case Scenario:
‘A’ and ‘B’ entered into an agreement to meet at a gym for their daily physical fitness exercises. ‘B’ forgot about the agreement and kept ‘A’ waiting endlessly. ‘A’ is furious and intends to sue ‘B’ for breach of agreement.

Required:
Advise ‘A’, stating the legal issue involved.

iii. Case Scenario:
‘A’ is a dealer in textile materials. He sold ten bales of textile materials to ‘B,’ his childhood friend. ‘B’ has refused to pay for the ten bales of materials, arguing that he is a friend of ‘A.’

Required:
Advise ‘A,’ who intends to sue ‘B,’ stating the legal issue involved.

iv. Case Scenario:
‘A’ promised to attend a luncheon organized by ‘B.’ ‘B’ spent a lot of money to prepare for the luncheon. ‘A’ did not turn up as agreed. ‘B’ is aggrieved and intends to sue ‘A’ for the cost of the special dish.

Required:
Advise ‘B,’ stating the legal issues involved.

Answer

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Tags: Breach of Agreement, Commercial Agreements, Contract Law, Legal Intention, Social Agreements
Level: Level 1

Topic: Law of Contract
Series: NOV 2020

BL – May 2012 – L1 – SB – Q5B – Agency Law

State two differences between a hire purchase agreement and a sale agreement.

Question

A hire purchase agreement and a sale agreement are similar but not identical. Required: State any TWO differences between a hire purchase agreement and a sale agreement.

Answer

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Tags: Business Law, Contract Law, Hire Purchase
Level: Level 1

Topic: Agency Law
Series: MAY 2012

BL – May 2012 – L1 – SB – Q4B – Law of Contract

Explain the concept of undue influence in contract law.

Question

For a contract to be binding on all the parties to it, it must not be tainted by any vitiating element. Undue influence is one of such vitiating elements.
Required: Explain briefly undue influence as a vitiating element in a contract.

Answer

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Tags: Business Law, Contract Law, Vitiating Elements
Level: Level 1

Topic: Law of Contract
Series: MAY 2012

BL – May 2012 – L1 – SB – Q4A – Law of Contract

Advise on the implications of a contract entered into by a minor.

Question

Samuel, aged 16, is the son of Chief Luke Umeh, a multi-billionaire. Two weeks ago, Samuel drove his father’s 2011 model Jeep vehicle to a car exhibition. At the exhibition, he saw a year 2012 model of the same Jeep and entered into a contract with the manufacturers to buy two of the latest Jeep. The two Jeeps were delivered to Samuel and he drives them to his secondary school to impress his school mates. The manufacturers of the Jeep, Manny Auto Engineering Limited, requested payment for the Jeeps but Samuel refused to pay, claiming that he is an infant. The manufacturers are insisting on full payment for the vehicles by Chief Umeh.
Required: Advise the following parties on the implications of their actions:
(i) The manufacturers;
(ii) Samuel; and
(iii) Chief Luke Umeh.

Answer

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Tags: Business Law, Contract Law, Minors
Level: Level 1

Topic: Law of Contract
Series: MAY 2012

BL – May 2012 – L1 – SA – Q17 – Law of Contract

Identify the term for a claim based on the value of work done.

Question

A party to a contract who claims damages on the basis of work done or as much as he deserves, is said to be claiming on:

Answer

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Tags: Business Law, Contract Law, Quantum Meruit
Level: Level 1

Topic: Law of Contract
Series: MAY 2012

BL – May 2012 – L1 – SA – Q16 – Law of Contract

Identify the Latin term that means a person is not bound by a deed due to a misunderstanding.

Question

Non est factum means:

Answer

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Tags: Business Law, Contract Law, Non Est Factum
Level: Level 1

Topic: Law of Contract
Series: MAY 2012

BL – May 2012 – L1 – SA – Q15 – Law of Contract

Identify the term for withdrawing an offer before acceptance.

Question

Withdrawal of an offer before it is accepted is also known as:

Answer

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Tags: Business Law, Contract Law, Offer
Level: Level 1

Topic: Law of Contract
Series: MAY 2012

BL – May 2012 – L1 – SA – Q4 – Law of Contract

Identify the type of mistake where parties are mistaken about different things.

Question

The type of mistake which the parties to a contract make when they are mistaken about different things is referred to as:

Answer

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Tags: Business Law, Contract Law, Mistake
Level: Level 1

Topic: Law of Contract
Series: MAY 2012

BL – May 2012 – L1 – SA – Q3 – Law of Contract

Identify the term in a contract that is fundamental to the agreement.

Question

State the term of a contract which is fundamental and goes to the root of the contract.

Answer

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Tags: Business Law, Contract Law, Fundamental Terms
Level: Level 1

Topic: Law of Contract
Series: MAY 2012

BL – May 2013 – L1 – SA – Q15 – Law of Contract

This question tests knowledge of the type of insurance that is not a contract of indemnity.

Question

The only type of insurance that is NOT a contract of indemnity is ___________.

Answer

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Tags: Contract Law, Insurance
Level: Level 1

Topic: Law of Contract
Series: MAY 2013

BL – May 2013 – L1 – SA – Q4 – Law of Contract

This question tests the understanding of a counter-offer in contract law.

Question

Any qualification or amendment of the terms of an offer will constitute a ___________.

Answer

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Tags: Contract Law, Counter-offer, Offer
Level: Level 1

Topic: Law of Contract
Series: MAY 2013

BL – May 2013 – L1 – SA – Q13 – Law of Contract

This question tests the understanding of a statement made with a request for verification in contract law.

Question

A statement made by a party to a contract but with a request to the other party to verify the truth of the statement is:

A. Binding on the other party
B. A term of the contract
C. Not a term of the contract
D. A condition of the contract
E. A misrepresentation

Answer

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Tags: Contract Law, Misrepresentation, Verification
Level: Level 1

Topic: Law of Contract
Series: MAY 2013

BL – May 2013 – L1 – SA – Q7 – Law of Contract

This question tests the knowledge of agreements obtained under duress.

Question

An agreement obtained under a threat to seize goods would be set aside by the court for:

A. Mistake
B. Misrepresentation
C. Undue influence
D. Breach of influence
E. Duress

Answer

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Tags: Coercion, Contract Law, Duress
Level: Level 1

Topic: Law of Contract
Series: MAY 2013

BL – May 2013 – L1 – SA – Q6 – Law of Contract

This question tests the understanding of an auctioneer's request for bids.

Question

An auctioneer’s request for a bid is regarded as:

A. Offer
B. Invitation to treat
C. Acceptance
D. Implied contract
E. Express contract

Answer

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Tags: Auctioneer, Contract Law, Invitation to Treat
Level: Level 1

Topic: Law of Contract
Series: MAY 2013

BL – May 2014 – L1 – SB – Q3 – Sale of Goods,

Discussing classes of goods under the Sale of Goods Act and characteristics of hire purchase transactions.

Question

a. In commercial transactions, goods and services are offered and sold. Explain briefly TWO classes of goods under the Sale of Goods Act. (5 Marks)

b. In hire purchase agreements, goods are delivered to the hirer who pays some money to the owner of goods as deposit. Explain briefly TWO characteristics of a hire purchase transaction. (5 Marks)

c. Steven insured his five-storey building with ABC Insurance Company Limited and paid the premium for the building. Steven had been told by his engineers that the building is weak and may collapse in no distant future, but Steven did not disclose this to his insurers, thinking it was immaterial. A year after the policy was issued, the building collapsed and the insurance company has refused to indemnify Steven on the ground of non-disclosure of a material fact. State the relevant law and advise the parties. (5 Marks)

Answer

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Tags: Contract Law, Hire Purchase, Sale of Goods
Level: Level 1

Topic: Sale of Goods
Series: MAY 2014

BL – May 2014 – L1 – SB – Q2B – Contract Law

Identifying five ways a contract can be discharged.

Question

Contractual obligations and rights arising from a contract can be discharged in various ways.
You are required to state FIVE ways by which a contract may be discharged.

Answer

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Tags: Contract Law, Discharge of Contracts
Level: Level 1

Topic: Contract Law
Series: MAY 2014

BL – Nov 2015 – L2 – SB – Q5c – Law of Contract

List four essential elements required for a valid and enforceable contract.

Question

A valid and enforceable contract requires some essential elements.

Required:

State FOUR of such essential elements.
(4 Marks)

Answer

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Tags: Contract Law, Essential Elements, Valid Contract
Level: Level 1

Topic: Law of Contract
Series: NOV 2015

BL – May 2014 – L1 – SA – Q6 – Law of Contract

Identifying a tool that cannot facilitate an e-contract.

Question

An e-contract can be facilitated using any of the following EXCEPT:
A. An iPad
B. A Smart telephone set
C. A desk top computer set
D. A laptop computer set
E. An electric typewriter

Answer

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Tags: Contract Law, E-Contracts, Facilitation Tools
Level: Level 1

Topic: Law of Contract
Series: MAY 2014

BL – May 2014 – L1 – SA – Q4 – Law of Contract

Defining elements required for an enforceable e-contract.

Question

The elements of an enforceable e-contract consist of the following EXCEPT:
A. Offer
B. Acceptance
C. Computer
D. Consideration
E. Capacity to contract

Answer

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Tags: Contract Law, E-Contracts, Offer and Acceptance
Level: Level 1

Topic: Law of Contract
Series: MAY 2014

Question Tag: Contract Law

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BCL – Nov 2024 – L1 – Q4c – Contractual Obligations of a Minor

Legal validity of a contract involving a minor performing services for payment.

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BL – Nov 2020 – L1 – SB – Q3a – Law of Contract

Discuss how courts assess intent to create legal relations and advise on breach in social and commercial contexts.

You're reporting an error for "BL – Nov 2020 – L1 – SB – Q3a – Law of Contract"

BL – May 2012 – L1 – SB – Q5B – Agency Law

State two differences between a hire purchase agreement and a sale agreement.

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BL – May 2012 – L1 – SB – Q4B – Law of Contract

Explain the concept of undue influence in contract law.

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BL – May 2012 – L1 – SB – Q4A – Law of Contract

Advise on the implications of a contract entered into by a minor.

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BL – May 2012 – L1 – SA – Q17 – Law of Contract

Identify the term for a claim based on the value of work done.

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BL – May 2012 – L1 – SA – Q16 – Law of Contract

Identify the Latin term that means a person is not bound by a deed due to a misunderstanding.

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BL – May 2012 – L1 – SA – Q15 – Law of Contract

Identify the term for withdrawing an offer before acceptance.

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BL – May 2012 – L1 – SA – Q4 – Law of Contract

Identify the type of mistake where parties are mistaken about different things.

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BL – May 2012 – L1 – SA – Q3 – Law of Contract

Identify the term in a contract that is fundamental to the agreement.

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BL – May 2013 – L1 – SA – Q15 – Law of Contract

This question tests knowledge of the type of insurance that is not a contract of indemnity.

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BL – May 2013 – L1 – SA – Q4 – Law of Contract

This question tests the understanding of a counter-offer in contract law.

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BL – May 2013 – L1 – SA – Q13 – Law of Contract

This question tests the understanding of a statement made with a request for verification in contract law.

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BL – May 2013 – L1 – SA – Q7 – Law of Contract

This question tests the knowledge of agreements obtained under duress.

You're reporting an error for "BL – May 2013 – L1 – SA – Q7 – Law of Contract"

BL – May 2013 – L1 – SA – Q6 – Law of Contract

This question tests the understanding of an auctioneer's request for bids.

You're reporting an error for "BL – May 2013 – L1 – SA – Q6 – Law of Contract"

BL – May 2014 – L1 – SB – Q3 – Sale of Goods,

Discussing classes of goods under the Sale of Goods Act and characteristics of hire purchase transactions.

You're reporting an error for "BL – May 2014 – L1 – SB – Q3 – Sale of Goods,"

BL – May 2014 – L1 – SB – Q2B – Contract Law

Identifying five ways a contract can be discharged.

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BL – Nov 2015 – L2 – SB – Q5c – Law of Contract

List four essential elements required for a valid and enforceable contract.

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BL – May 2014 – L1 – SA – Q6 – Law of Contract

Identifying a tool that cannot facilitate an e-contract.

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BL – May 2014 – L1 – SA – Q4 – Law of Contract

Defining elements required for an enforceable e-contract.

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