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Find Related Questions by Tags, levels, etc.
i. Distinguish between conditions and warranties under a contract.
ii. Explain the importance of the distinction between conditions and warranties.
iii. Explain the following types of conditions that appeared in a contract in Sikakrom involving a government Agency and a private company.
a) Conditions Precedent.
b) Conditions Subsequent.
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Find Related Questions by Tags, levels, etc.
Find Related Questions by Tags, levels, etc.
Find Related Questions by Tags, levels, etc.
Find Related Questions by Tags, levels, etc.
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.
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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.
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One of the innovations introduced into the hire purchase contract by the Hire Purchase Act of 1965 is the preparation of a memorandum evidencing the agreement.
Required:
State and explain any TWO pieces of information that a hire purchase memorandum must contain.
(Total 5 Marks)
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Ibrahim agreed to sell a vehicle to Ogogo. He subsequently incorporated Ibrahim Limited and sold the vehicle to it at a better profit.
Ogogo has approached you for advice.
Required:
Advise Ogogo on Ibrahim’s argument that he has sold the vehicle to Ibrahim Limited, which is a corporate entity.
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a. A pharmaceutical company advertising its newly developed vaccine made an offer of N1,000,000.00 (One million naira) to anyone who contracted the disease after taking the vaccination administered freely. Daniel accepted the offer, took the vaccine of his own free will, and contracted the disease. The pharmaceutical company has failed to pay him the one million naira.
Required:
Advise Daniel if his action for breach of contract would succeed or fail, giving reasons for your advice. (5 Marks)
b. Explain the difference between a contract under seal and a simple contract. (5 Marks)
c. Promoters usually enter into a contract on behalf of a proposed company.
Required:
Explain the means of validating a pre-incorporation contract and when it becomes invalid. (6 Marks)
d. Ethical codes are codes adopted by professional bodies for differentiating between right and wrong conduct in the performance of members’ professional duties.
Required:
State FOUR objectives of ethical codes. (4 Marks)
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Find Related Questions by Tags, levels, etc.
Emeka and Ngozi negotiated and entered into a contract using Facebook throughout. What kind of contract is this?
A. Facebook contract
B. Unenforceable contract
C. Contract pending signature
D. Social media contract
E. Electronic contract
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1. Registered partnership may be categorized into two.
Required:
State six characteristics of a limited partner.
2. Vitiating elements in contracts are recognized under common law.
Required:
Explain three types of mistake under law of contracts.
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Find Related Questions by Tags, levels, etc.
Kabir took possession of a Toyota Sienna bus from Auto Distributors Limited so as to add to his fleet of commercial mini vans. The price of the bus is N3.6 million payable in ten equal monthly instalments. Kabir intends to terminate the agreement that he has with Auto Distributors Limited after he has used the bus for two months and paid two instalments because his brother, Jamal, has just given him the same type of mini van.
Required:
State the nature of the agreement and FIVE ways of terminating it.
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Thabita called Ijeda, a distributor of different brands of cement, and expressed her intention to buy 500 bags of good cement. A notice board in front of Ijeda’s shop has a notice that reads, “Cement for sale at N1,500.” Thabita transferred the sum of N750,000 to Ijeda electronically and called at the latter’s store to collect 500 bags of “Dan” Cement, each of which sells for N2,000. Ijeda’s shop attendant asked Thabita’s assistants to take “Ele” Cement, that sells for N1,500, but Thabita insists that she had paid for 500 bags of “Dan” Cement, which now belong to her.
Required:
i. Applying the Sale of Goods Law/Act, explain the classification of the subject matter of the transaction between Thabita and Ijeda. (2 Marks)
ii. Explain the significance of the classification of the subject matter. (3 Marks)
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Luandem resides in Rayfield area of Jos and has many helpful neighbours. The closest of these neighbours is Dakkas, a specialist in landscaping. Luandem travelled to Maiduguri as a volunteer to assist the International Commission of the Red Cross in caring for Internally Displaced Persons (IDPs). The escalation of internal displacement made it impossible for Luandem to return to Jos on time to the extent that he spent six months of the rainy season there instead of a month that he planned to spend. Seeing that Luandem’s compound was overgrown with weeds, Dakkas took it upon himself to mow the lawns twice a month for four months. In addition, he planted roses as hedges to the compound.
Luandem returned from Maiduguri last month and promised to pay Dakkas a sum of N100,000 for his labour of love in taking care of his compound in his absence. Dakkas has waited for two months in expectation of the payment. He is hard-pressed for money presently because of his son’s demand for school fees. Therefore, he intends to sue Luandem for the money after repeated demands by him and failed promises by Luandem.
Required:
Explain the principle of the law of contract that applies to Dakkas’ plan and apply it in advising Dakkas.
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