Tag (SQ): Capacity

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BCL – L1 – Q22 – Legal Terms

Explain legal terms: Capacity, Acceptance, Misrepresentation, Goods, and Quantum Meruit in business law.

Question

Explain the following terms as used in the legal business environment:

(a) Capacity

(b) Acceptance

(c) Misrepresentation

(d) Goods

(e) Quantum Meruit

Answer

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Tags: Acceptance, Capacity, Contract Law, Goods, Misrepresentation, Quantum Meruit, Sale of Goods
Level: Level 1

Topic: Sale of Goods

BCL – L1 – Q13 – Contract Law

Explain the concept of contractual obligation and elements of a valid contract.

Question

Explain the concept of a contractual obligation and the elements required for a valid contract.

Answer

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Tags: Acceptance, Capacity, Consideration, Contract Law, Contractual Obligation, Offer, Valid Contract
Level: Level 1

Topic: Contract Law

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