Contract Law – Page 4

BCL – L1 – Q16 – Contract Law

Explain three discretionary equitable remedies a court may grant.

Question

Equitable remedies are not granted as of right but at the discretion of the court. Explain THREE (3) discretionary remedies that could be granted by the court.

Answer

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Tags: Contract Law, Equitable Remedies, Injunction, Restitution, Specific Performance
Level: Level 1

Topic: Contract Law

BCL – L1 – Q15 – Contract Law

Explain if consideration is always required for a contract to be valid.

Question

Explain whether consideration is always a requirement for a contract to be valid?

Answer

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Tags: Consideration, Contract Law, Enforceable Contract
Level: Level 1

Topic: Contract Law

A Company known as PrimeRock Ltd, invited tenders for the supply of 2000 bulldozers to be delivered within seven months. Daniel put in a tender stating that he is prepared to supply the bulldozers at fifty thousand Ghana Cedis (GHS $50,000.00). The company accepted the tender by a letter, and subsequently gave various orders which were executed by Daniel. The Director of Finance claims there is no valid agreement to support the payments.

Required:

(a) State briefly the legal effect of the company’s actions.

(b) State THREE (3) things that are required of a wary contracting party.

Answer

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Tags: Caveat Emptor, Caveat Venditor, Contract Law, Due diligence, Sale of Goods
Level: Level 1

Topic: Contract Law

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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BCL – L1 – Q16 – Contract Law

Explain three discretionary equitable remedies a court may grant.

BCL – L1 – Q15 – Contract Law

Explain if consideration is always required for a contract to be valid.

BCL – L1 – Q14 – Contract Law

State the legal effect of PrimeRock Ltd's actions in accepting a tender for bulldozers.

BCL – L1 – Q13 – Contract Law

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

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BCL – L1 – Q16 – Contract Law

Explain three discretionary equitable remedies a court may grant.

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BCL – L1 – Q15 – Contract Law

Explain if consideration is always required for a contract to be valid.

You're reporting an error for "BCL – L1 – Q15 – Contract Law"

BCL – L1 – Q14 – Contract Law

State the legal effect of PrimeRock Ltd's actions in accepting a tender for bulldozers.

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BCL – L1 – Q13 – Contract Law

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

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