Contract Law – Page 9

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 – MarJul 2020 – L1 – SA – Q11 – Law of Contract

Question identifying the fundamental terms essential to a contract.

Question

Under law of contract, fundamental terms which are very essential to the contract are referred to as
A. Warranties
B. Guarantees
C. Conditions
D. Exceptions
E. Exclusions

Answer

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Tags: Conditions, Contract Law, Fundamental Terms, Legal obligations
Level: Level 1

Topic: Law of Contract
Series: MAR/JULY 2020

BL – MarJul 2020 – L1 – SA – Q10 – Law of Contract

Question on the rule of privity of contract and its implications for third-party beneficiaries.

Question

The rule which states that a person who is not a party to a contract cannot benefit therefrom or suffer under it is referred to as
A. Certainty of contract
B. Privilege of contract
C. Discharge of contract
D. Privity of contract
E. Legality of contract

Answer

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Tags: Contract Law, Legal Principles, Privity of Contract, Third Parties
Level: Level 1

Topic: Law of Contract
Series: MAR/JULY 2020

BL – May 2024 – L1 – SB – Alternative Dispute ResolutionQ6c –

This question asks candidates to state the six essentials of arbitration in the context of dispute resolution.

Question

c. Arbitration is an Alternative Dispute Resolution mechanism.

Required:
State SIX essentials of arbitration. (6 Marks)

Answer

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Tags: ADR, Arbitration, Contract Law, Dispute Resolution, Legal Framework
Level: Level 1

Topic: Alternative Dispute Resolution
Series: MAY 2024

BL – MAY 2016 – L1 – SB – Q2b – Law of Contract

This question addresses the concept of counter-offer, circumstances that can lead to the termination of an offer, and provides legal advice on a breach of contract case.

Question

b. For a contract to be valid, there must be offer and acceptance, among other
elements.

Required:

i. Explain briefly “Counter-Offer” in the law of contract. (2 Marks)

ii. State FOUR circumstances that may lead to the termination of an offer. (4 Marks)

iii. Esther sold a bale of Ankara cloth to Mama Ope who agreed that she would not sell the cloth above ₦1,000 per piece. Bode bought twenty pieces of the cloth from Mama Ope at ₦1,000 per piece and later resold them at ₦1,500 per piece. Esther wants to sue Bode for breach of contract.

Required:
Advise Esther on her legal rights in this case. (3 Marks)

Answer

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Tags: Contract Law, Offer and Acceptance, Termination of Offer
Level: Level 1

Topic: Law of Contract
Series: MAY 2016

BL – MAY 2016 – L1 – SA – Q15 – Sale of Goods

This question asks about terms that are not implied in a sale of goods contract.

Question

Which of the following is NOT an implied term in a sale of goods contract?
A. The seller having title to the goods
B. The goods corresponding with the description
C. The sample of goods corresponding with the bulk
D. The goods being of satisfactory quality
E. The government being informed about the transaction

Answer

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Tags: Contract Law, Implied Terms, Sale of Goods
Level: Level 1

Topic: Sale of Goods
Series: MAY 2016

BL – May 2024 – L1 – SA – Q11 – Contract Law

Identify how an offer that is not accepted within the time frame set by the offeror is terminated.

Question

An offer that is NOT accepted within the time fixed by the offeror is said to be terminated by:

A. Death
B. Rejection
C. Revocation
D. Counteroffer
E. Lapse of time

Answer

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Tags: Contract Law, Lapse of Time, Offer, Rejection, Termination
Level: Level 1

Topic: Company Law
Series: MAY 2024

BL – May 2024 – L1 – SA – Q9 – Hire Purchase and Consumer Credit Transactions

Identify the type of contract where goods are bailed with an option to buy.

Question

An agreement for the bailment of goods with an option to buy the goods is a contract of:

A. Sale of goods
B. Hire purchase
C. Pledge
D. Mortgage
E. Conditional sale

Answer

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Tags: Bailment, Consumer Credit, Contract Law, Hire Purchase
Level: Level 1

Topic: Hire Purchase and Consumer Credit Transactions
Series: MAY 2024

BL – May 2015 – L1 – SB – Q6c – Hire Purchase and Consumer Credit Transactions

State two duties of a hirer in a hire purchase contract.

Question

State any TWO duties of a hirer. (4 Marks)

Answer

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Tags: Contract Law, Hire Purchase, Hirer Duties
Level: Level 1

Topic: Hire Purchase and Consumer Credit Transactions
Series: MAY 2015

BL – May 2015 – L1 – SB – Q5b – Contract Law

Define misrepresentation and state its effects on contracts.

Question

A contract can be affected by vitiating factors, of which misrepresentation is an example.

Required:
i. What is misrepresentation? State any ONE type of misrepresentation. (2 Marks)
ii. State any TWO effects of misrepresentation on contracts. (2 Marks)

Answer

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Tags: Contract Law, Misrepresentation, Vitiating Factors
Level: Level 1

Topic: Contract Law
Series: MAY 2015

BL – May 2015 – L1 – SB – Q4c – Contract Law

Identify and explain two types of contracts that are void at common law.

Question

Common Law regards some contracts as void.

Required:
State and explain any TWO contracts that are void at Common Law. (6 Marks)

Answer

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Tags: Common Law, Contract Law, Void Contracts
Level: Level 1

Topic: Contract Law
Series: MAY 2015

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.

You're reporting an error for "PBL – JUL 2020 – L1 – Q8 – Defences Under a Contract"

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.

You're reporting an error for "PBL – JUL 2020 – L1 – Q7 – Duties in Banker-Customer Relationship"

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.

You're reporting an error for "MLP – JUL 2020 – L4 – Q4 – Fraud Definition, Elements, Remedies"

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.

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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.

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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 – MarJul 2020 – L1 – SA – Q11 – Law of Contract

Question identifying the fundamental terms essential to a contract.

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BL – MarJul 2020 – L1 – SA – Q10 – Law of Contract

Question on the rule of privity of contract and its implications for third-party beneficiaries.

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BL – May 2024 – L1 – SB – Alternative Dispute ResolutionQ6c –

This question asks candidates to state the six essentials of arbitration in the context of dispute resolution.

You're reporting an error for "BL – May 2024 – L1 – SB – Alternative Dispute ResolutionQ6c –"

BL – MAY 2016 – L1 – SB – Q2b – Law of Contract

This question addresses the concept of counter-offer, circumstances that can lead to the termination of an offer, and provides legal advice on a breach of contract case.

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BL – MAY 2016 – L1 – SA – Q15 – Sale of Goods

This question asks about terms that are not implied in a sale of goods contract.

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BL – May 2024 – L1 – SA – Q11 – Contract Law

Identify how an offer that is not accepted within the time frame set by the offeror is terminated.

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BL – May 2024 – L1 – SA – Q9 – Hire Purchase and Consumer Credit Transactions

Identify the type of contract where goods are bailed with an option to buy.

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BL – May 2015 – L1 – SB – Q6c – Hire Purchase and Consumer Credit Transactions

State two duties of a hirer in a hire purchase contract.

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BL – May 2015 – L1 – SB – Q5b – Contract Law

Define misrepresentation and state its effects on contracts.

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BL – May 2015 – L1 – SB – Q4c – Contract Law

Identify and explain two types of contracts that are void at common law.

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