Contract Law – Page 7

PBL – JUL 2020 – L1 – Q8 – Defences Under a Contract

Examine the scope of the following defenses under a contract: Non est factum, Undue influence, Misrepresentation, Illegality.

Question

Examine the scope of the following defense under a contract

(i) Non est Factum (Not my deed). (ii) Undue influence. (iii) Misrepresentation. (iv) Illegality.

Answer

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Tags: Banking Contracts, Contract Law, Defences in contract, Ghanaian jurisprudence, Illegality, Misrepresentation, Non Est Factum, Undue Influence
Level: Level 1

Topic: Contract Law, Essentials of a contract
Series: JULY 2020

PBL – JUL 2020 – L1 – Q7 – Duties in Banker-Customer Relationship

Discuss the duties of a bank to its customer and the customer's duties to the bank, with the aid of decided cases.

Question

‘As soon as an account is opened by a bank for a customer. the banker / customer contract
subsists with the aid of decided cases discuss: (a) The duties of a bank to the customer. (b) The customer’s duties to the bank

Answer

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Tags: Banker-Customer Relationship, Contract Law, Decided Cases, Duties of Bank, Duties of Customer, Ghanaian Banking
Level: Level 1

Topic: Contract Law
Series: JULY 2020

POBL – JUL 2020 – L1 – Q3 – Conditions and Warranties in Contracts

Distinguish between conditions and warranties under a contract, explain the importance of the distinction, and describe conditions precedent and subsequent in the context of a contract involving a government agency and a private company.

Question

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.

Answer

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Tags: Conditions, Conditions Precedent, Conditions Subsequent, Contract Law, Distinction, importance, Warranties
Level: Level 1

Topic: Contract Law
Series: JULY 2020

MLP – JUL 2020 – L4 – Q4 – Fraud Definition, Elements, Remedies

Define fraud, outline its elements, and explain the remedies available for fraud in the context of contract law relevant to mortgage practices.

Question

a) Define fraud.

b) What are the elements of fraud?

c) What are the remedies for fraud?

Answer

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Tags: Contract Law, Definition, Elements, Fraud, Misrepresentation, Mortgage Fraud, Remedies
Level: Level 4

Topic: General Principles, Outline of the Law of Contract
Series: JULY 2020

INS – JUL 2020 – L4 – Q8 – Elements of Valid Contract in UK

outline the elements that must be present for a valid contract to be formed in the UK.

Question

Outline the elements that must be present for a valid contract to be formed in the UK

Answer

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Tags: Contract Law, Elements of Contract, Insurance Contracts, Legal Principles, UK Law, Valid Contract
Level: Level 4

Topic: Insurance contracts, Legal principles of contracts
Series: JULY 2020

PBL – OCT 2022 – L1 – Q4 – Principles of Consideration in Contract Law

Explain the Common Law Principles governing consideration in the law of contract.

Question

Explain the Common Law Principles governing consideration in the law of contract.

(20 marks)

Answer

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Tags: Banking Contracts, Common Law Principles, Consideration, Contract Law, Essentials of Contract
Level: Level 1

Topic: Contract Law
Series: OCT 2022

PBL – APR 2016 – L1 – Q6 – Banker-Customer Relationship

Define a bank customer, explain the basic banker-customer relationship, and outline the rights banks have over customer accounts.

Question

(a) Who is a customer of a bank? ii. What is the basic relationship between a bank and its customer? (b) What rights does the bank have in relation to its customers’ account?

Answer

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Tags: bank rights, Banker-Customer Relationship, Contract Law, customer accounts, customer definition, duties of banks, Ghanaian Banking Regulations
Level: Level 1

Topic: Contract Law
Series: APRIL 2016

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 2021 – L1 – SB – Q4a – Law of Contract

Distinguishing between an offer and an invitation to treat in contract law.

Question

Preliminaries of a contract may involve an offer or invitation to treat.

Required:
Distinguish an offer from an invitation to treat.

Answer

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

Topic: Law of Contract
Series: MAY 2021

BL – Nov 2023 – L1 – SB – Q3c – Hire Purchase and Consumer Credit Transactions

Discusses the key elements of a hire purchase contract.

Question

A hire purchase is a contract in which the owner of goods gives another person called a hirer possession of the goods.

Required:
State FIVE elements of a hire purchase agreement. (5 Marks)

Answer

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

Topic: Hire Purchase and Consumer Credit Transactions
Series: NOV 2023

BL – Nov 2023 – L1 – SA – Q15 – Law of Contract

This question asks about the consideration in a hire purchase contract.

Question

Consideration in a hire purchase contract consists of:
A. Instalments
B. Purchase price
C. Rentals
D. Reversionary price
E. Deposit and balance

Answer

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

Topic: Law of Contract
Series: NOV 2023

BL – Nov 2023 – L1 – SA – Q14 – Sale of Goods

This question asks when a sale of goods transaction is considered complete.

Question

A sale of goods transaction is completed on transfer of:
A. Appurtenances
B. Possession and title in the property
C. Possession
D. Property
E. Title

Answer

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Tags: Business Law, Contract Law, Sale of Goods
Level: Level 1

Topic: Sale of Goods
Series: NOV 2023

BL – Nov 2023 – L1 – SA – Q11 – Law of Contract

This question asks about elements that are not part of a valid contract.

Question

Which of the following is NOT an element of a contract?
A. Acceptance
B. Capital gains
C. Consideration
D. Offer
E. Intention to create legal relation

Answer

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Tags: Business Law, Contract Law, Legal obligations
Level: Level 1

Topic: Law of Contract
Series: NOV 2023

BL – Nov 2019 – L1 – SB – Q3c – Law of Contract

Contract law, Frustration, Natural events, Performance of contract

Question

Chief Wadada, a very prosperous trader, recently completed the construction of a mansion in his village and intends to have the house-warming ceremony on New Year’s day. He contracted Exclusive Décor Enterprises to do the interior decoration of the mansion, which must be completed not later than a week before the house-warming.

Exclusive Décor Enterprises moved all the required materials to site on schedule, but a heavy rainstorm ravaged the whole village, flooded the mansion, and destroyed all the materials on site. The decoration could no longer be done until after the New Year’s day when the flood would have receded. Chief Wadada canceled the contract and refused to pay the contract sum demanded by Exclusive Décor Enterprises, who intends to make a claim in court for the payment of the contract sum.

Required:
Advise Exclusive Décor Enterprises, stating the legal issues involved. (8 Marks)

Answer

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Tags: Contract Law, Frustration, Natural events, Performance of contract
Level: Level 1

Topic: Law of Contract
Series: NOV 2019

BL – Nov 2019 – L1 – SB – Q2c -Law of Contract

Explanation of frustration in contract law and its causes.

Question

Under law of contracts, a contract may be discharged in various ways.
Required:

i. Explain “Frustration” briefly under the law of contracts. (3 Marks)

ii. State causes of frustration of contract. (5 Marks)

Answer

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Tags: Causes of frustration, Contract Law, Discharge of contract, Frustration
Level: Level 1

Topic: Law of Contract
Series: NOV 2019

BL – May 2023 – L1 – SB – Q4B – Contract Law

Identify and explain the essential elements that constitute a valid contract.

Question

Under the law of contract, invalid contracts are unenforceable.

Required:
i. State FOUR essential elements of a valid contract. (4 Marks)
ii. State FOUR rules guiding consideration in a contract. (4 Marks)

Answer

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Tags: Contract Law, Legal Principles, Validity
Level: Level 1

Topic: Contract Law
Series: MAY 2023

BL – May 2023 – L1 – SB – Q2c – Contract Law

Advise Mr. Agbons on his legal rights regarding the sale of his pledged tricycle.

Question

Mr. Agbons pledged his tricycle to secure a loan of N200,000 from Chief Osas, a moneylender. Mr. Agbons promised to repay the loan on December 31 and recover his tricycle from Chief Osas. However, Chief Osas sold the tricycle on December 28 when he learned that Mr. Agbons had relocated to his village to be a farmer and might not return again. On the morning of December 31, Mr. Agbons came to meet Chief Osas to repay the N200,000, only to learn that the tricycle had been sold by Chief Osas. Mr. Agbons is aggrieved and intends to sue Chief Osas for the replacement of his tricycle.

Required:
Advise Mr. Agbons, stating the legal principle involved.

Answer

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Tags: Contract Law, Legal Rights, Loan Security, Pledge
Level: Level 1

Topic: Contract Law
Series: MAY 2023

BL – May 2017 – L1 – SA – Q18 – Employment Law

Identifies the minimum age required to be a party to a contract of employment.

Question

For a person to be a party to a contract of employment, he/she must be at least
A. 16 years old
B. 17 years old
C. 18 years old
D. 19 years old
E. 21 years old

Answer

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Tags: Age Requirement, Contract Law, Employment Law, Legal Capacity
Level: Level 1

Topic: Employment law
Series: MAY 2017

Question Tag: Contract Law

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PBL – JUL 2020 – L1 – Q8 – Defences Under a Contract

Examine the scope of the following defenses under a contract: Non est factum, Undue influence, Misrepresentation, Illegality.

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PBL – JUL 2020 – L1 – Q7 – Duties in Banker-Customer Relationship

Discuss the duties of a bank to its customer and the customer's duties to the bank, with the aid of decided cases.

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POBL – JUL 2020 – L1 – Q3 – Conditions and Warranties in Contracts

Distinguish between conditions and warranties under a contract, explain the importance of the distinction, and describe conditions precedent and subsequent in the context of a contract involving a government agency and a private company.

You're reporting an error for "POBL – JUL 2020 – L1 – Q3 – Conditions and Warranties in Contracts"

MLP – JUL 2020 – L4 – Q4 – Fraud Definition, Elements, Remedies

Define fraud, outline its elements, and explain the remedies available for fraud in the context of contract law relevant to mortgage practices.

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INS – JUL 2020 – L4 – Q8 – Elements of Valid Contract in UK

outline the elements that must be present for a valid contract to be formed in the UK.

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PBL – OCT 2022 – L1 – Q4 – Principles of Consideration in Contract Law

Explain the Common Law Principles governing consideration in the law of contract.

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PBL – APR 2016 – L1 – Q6 – Banker-Customer Relationship

Define a bank customer, explain the basic banker-customer relationship, and outline the rights banks have over customer accounts.

You're reporting an error for "PBL – APR 2016 – L1 – Q6 – Banker-Customer Relationship"

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.

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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 2021 – L1 – SB – Q4a – Law of Contract

Distinguishing between an offer and an invitation to treat in contract law.

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BL – Nov 2023 – L1 – SB – Q3c – Hire Purchase and Consumer Credit Transactions

Discusses the key elements of a hire purchase contract.

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BL – Nov 2023 – L1 – SA – Q15 – Law of Contract

This question asks about the consideration in a hire purchase contract.

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BL – Nov 2023 – L1 – SA – Q14 – Sale of Goods

This question asks when a sale of goods transaction is considered complete.

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BL – Nov 2023 – L1 – SA – Q11 – Law of Contract

This question asks about elements that are not part of a valid contract.

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BL – Nov 2019 – L1 – SB – Q3c – Law of Contract

Contract law, Frustration, Natural events, Performance of contract

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BL – Nov 2019 – L1 – SB – Q2c -Law of Contract

Explanation of frustration in contract law and its causes.

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BL – May 2023 – L1 – SB – Q4B – Contract Law

Identify and explain the essential elements that constitute a valid contract.

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BL – May 2023 – L1 – SB – Q2c – Contract Law

Advise Mr. Agbons on his legal rights regarding the sale of his pledged tricycle.

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BL – May 2017 – L1 – SA – Q18 – Employment Law

Identifies the minimum age required to be a party to a contract of employment.

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