Contract Law – Page 5

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 2012 – L1 – SA – Q6 – Contract Law

Identify a minor term in a contract.

Question

State the term of a contract which is minor or which is ancillary to a major term.

Answer

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Tags: Contracts, Minor Terms, Warranties
Level: Level 1

Topic: Contract Law
Series: NOV 2012

BL – Nov 2012 – L1 – SA – Q1 – Contract Law

Identify the cardinal rules of interpretation in law.

Question

The cardinal rules of interpretation are the literal rule, Ejusdem generis rule, and _________.

Answer

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Tags: Legal Concepts, Rules of Interpretation
Level: Level 1

Topic: Contract Law
Series: NOV 2012

BL – Nov 2012 – L1 – SA – Q19 – Contract Law

Identify the legal activity that an undischarged bankrupt is not incapacitated from doing.

Question

An undischarged bankrupt is NOT legally incapacitated to do ONE of the following:

A. To marry a wife
B. To be elected into an elective office
C. To be appointed to or to act in the office of a Justice of Peace
D. To be appointed as a trustee of a trust estate
E. To be admitted to serve on a governing board of a statutory institution

Answer

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Tags: Bankruptcy, Legal Incapacities
Level: Level 1

Topic: Contract Law
Series: NOV 2012

BL – May 2014 – L1 – SB – Q2B – Contract Law

Identifying five ways a contract can be discharged.

Question

Contractual obligations and rights arising from a contract can be discharged in various ways.
You are required to state FIVE ways by which a contract may be discharged.

Answer

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Tags: Contract Law, Discharge of Contracts
Level: Level 1

Topic: Contract Law
Series: MAY 2014

BL – May 2014 – L1 – SA – Q5 – Contract Law

Identifying the remedy requiring the breaching party to perform their obligations.

Question

The remedy or an order by a court ordering a party who breached an agreement to perform his obligations under the contract is known as ____________.

Answer

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Tags: Contracts, Remedies, Specific Performance
Level: Level 1

Topic: Contract Law
Series: MAY 2014

BL – May 2014 – L1 – SA – Q4 – Contract Law

Identifying the term for a contract breach entitling only damages.

Question

The ordinary term of a contract which entitles the aggrieved party to sue only for damages and not rescission of the agreement is a ____________.

Answer

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Tags: Breach, Contracts, Damages
Level: Level 1

Topic: Contract Law
Series: MAY 2014

BL – May 2014 – L1 – SA – Q11 – Contract Law

Identifying when the court may lift the veil of incorporation.

Question

Under the common law, the veil of incorporation will NOT be lifted where the company:
A. Has been formed for fraudulent or illegal purposes
B. Operates as an agent of shareholders
C. Trades with alien enemies
D. Engages in acts that are detrimental to public interest
E. Engages in completely ultra vires activities

Answer

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Tags: Corporate Liability, Illegal Purpose, Lifting the Veil
Level: Level 1

Topic: Contract Law
Series: MAY 2014

BL – Nov 2021 – L1 – SA – Q11 – Contract Law

Identifying the type of contract negotiated on social media.

Question

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

Answer

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Tags: Contract Law, Electronic Contract, Social Media
Level: Level 1

Topic: Contract Law
Series: NOV 2021

BL – Nov 2022 – L1 – SA – Q7 – Contract Law

Defining the act that constitutes theft under the Criminal Code.

Question

Which of the following is classified as an act of theft under the Criminal Code?

A. Acquisition of property
B. Conversion of property
C. Assumption of property
D. Presumption of property
E. Disposal of property

Answer

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Tags: Criminal Law, Theft
Level: Level 1

Topic: Contract Law
Series: NOV 2022

BCL – Nov 2016 – L1 – Q3c – Contract Law

State the means by which a contract may be discharged.

Question

State FOUR means by which a contract, lawfully entered by parties, may be discharged.

Answer

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Tags: Agreement, Breach, Contract Discharge, Frustration, Performance
Level: Level 1

Topic: Contract Law
Series: NOV 2016

BCL – Nov 2016 – L1 – Q3b – Contract Law

Explain the legal terms: Capacity, Acceptance, Misrepresentation, Goods, Quantum Meruit.

Question

Explain the following terms as used in the legal business environment:
i) Capacity
ii) Acceptance
iii) Misrepresentation
iv) Goods
v) Quantum Meruit

Answer

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Tags: Acceptance, Capacity, Goods, Legal Definitions, Misrepresentation, Quantum Meruit
Level: Level 1

Topic: Contract Law
Series: NOV 2016

BCL – Nov 2016 – L1 – Q3a – Contract Law

List the modifications made to the doctrine of consideration by the Contracts Act, 1960 (Act 25).

Question

The Contracts Act, 1960, Act 25, has modified the common law doctrine of consideration. List FOUR of the modifications.

Answer

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Tags: Consideration, Contracts, Ghana, Modifications
Level: Level 1

Topic: Contract Law
Series: NOV 2016

BCL – May 2021 – L1 – Q2a – Contract Law

Analysis of a contractual transaction based on an advertisement and determining entitlement to the offer.

Question

Kakai Company Limited had for weeks advertised their products in the electronic and print media that “Buy GH¢450 worth of products from any of our branches and get one blender free”. The deadline for the promotion was 30 November 2020. Fiifi saw the advertisement and bought products worth GH¢600 from one of the branches on 1 October 2020. Fiifi demanded the free blender. However, the sales girl told him there was no free blender to be given in that branch. An argument then ensued.

Required:
i) Describe in TWO (2) ways the nature of the transaction. (4 marks)

ii) Determine whether Fiifi should be entitled to the blender. (6 marks)

Answer

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Tags: Acceptance, Advertisement, Contractual Rights, Entitlement, Offer
Level: Level 1

Topic: Contract Law
Series: MAY 2021

BCL – May 2020 – L2 – Q3b – Employment Law

Discuss the stakeholders in a sexual harassment case and the impact of employees' prior knowledge on their right to claim.

Question

‘Las Panas’ is a successful chain of restaurants and bars that features female waitresses in white spaghetti tops and very short red skirts. Five former waitresses filed a class action lawsuit, alleging that the atmosphere ‘Las Panas’ created in its restaurants allowed them to be sexually harassed by customers, cooks, and managers. Ama Smith, one of the waitresses, noted on a radio super morning show program that the ‘Las Panas’ mandatory uniforms caused them to be sexually harassed. Meanwhile, ‘Las Panas’ continues to enjoy great success, and it recently received an award as the Best Marketing Company.

Required:

i) Identify the key stakeholders in this case.
(2 marks)

ii) Supposing the women knew of the problems when they agreed to work at ‘Las Panas’, what bearing should such knowledge have on their right to the alleged harassment?
(2 marks)

Answer

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Tags: Employment Law, Sexual Harassment, Stakeholders, Volenti Non Fit Injuria, Workplace Ethics
Level: Level 1

Topic: Contract Law
Series: MAY 2020

BCL – May 2020 – L2 – Q2b – Company Law

Discuss the entitlement of preferential shareholders to further dividends and principles relating to minimum capital for companies.

Question

A group of young members of Nob Company Limited petitioned the Board of Directors of the Company over dividend payments at the close of the company’s annual general meeting. They claimed that they were preferential shareholders and that after dividends were declared for them, they had the privilege for fair participation in the distribution of the remaining shares.

Required:

i) From the above scenario, are the preferential shareholders entitled to any further dividend?
(6 marks)

ii) State TWO (2) principles relating to minimum capital for a company limited by shares pursuant to provisions of the law.
(4 marks)

Answer

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Tags: Companies Act 1963, Company Law, Dividend Entitlement, Minimum Capital, Preferential Shareholders
Level: Level 1

Topic: Contract Law
Series: MAY 2020

BCL – Mar 2024 – L1 – Q4c – Types of Capital and the Financing of Companies, Company Law

Explain the legal significance of statements made in a share certificate under the Companies Act, 2019 (Act 992).

Question

“Statements made in a share certificate, especially where the certificate bears the common seal of the company, shall be absolute or unassailable evidence of the title of the person named in the Certificate.”

Required:

Explain if the above statement is the true position of the law in terms of the provisions of the Companies Act, Act 992.

(2 marks)

Answer

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Tags: Companies Act, Company Law, Legal Evidence, Ownership of Shares, Share Certificates
Level: Level 1

Topic: Contract Law, Types of capital and the financing of companies
Series: MAR 2024

BCL – Mar 2024 – L1 – Q3b – Company Law

Analyze the chances of success for shareholders' action against the company under the Companies Act, 2019 (Act 992) and explain the organs through which a company acts.

Question

Kofi Ameyaw and Salia Sule, shareholders of Bubra Ltd, commenced an action in court against the company alleging that properties of the company had been misapplied and wasted, and that certain mortgages were improperly secured as guarantee with the company’s properties. In their action, they also alleged that the company gave negligent advice which had resulted in their suffering economic loss which was personal and individual to them. Kofi Ameyaw and Salia Sule are seeking an order of the court for the company to account for the appointment of a Receiver.

Required:

i) Explain the chances of Kofi Ameyaw and Salia Sule in their court action, in the light of the provisions of the Companies Act, 2019 (Act 992). (9 marks)

ii) Explain FOUR (4) entities or organs through which a company can act pursuant to provisions of the Companies Act, 2019 (Act 992). (6 marks)

Answer

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Tags: Companies Act, Company Law, Legal Remedies, Oppression, Shareholders’ Rights
Level: Level 1

Topic: Contract Law
Series: MAR 2024

BCL – Mar 2024 – L1 – Q3a – Contract Law

Explain the three main kinds of mistakes recognized in contract law.

Question

There are three main kinds of mistakes which are recognized at common law in the law of contract.

Required:

Explain the THREE (3) kinds of mistake. (5 marks)

Answer

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Tags: Common Mistake, Contract Law, Mistake, Mutual Mistake, Unilateral Mistake
Level: Level 1

Topic: Contract Law
Series: MAR 2024

BCL – Mar 2024 – L1 – Q2c – Contract Law

Assess the accuracy of the statement regarding third-party rights in the context of contract law.

Question

“A third party who, without notice of any fraud or deficiency, obtains a contractual benefit is entitled to keep it.”

Required:

Briefly explain the accuracy or otherwise of the statement above. (3 marks)

Answer

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Tags: Contract Law, Fraud, Legal Remedies, Third-Party Rights, Unilateral Mistake
Level: Level 1

Topic: Contract Law
Series: MAR 2024

Topic: Contract Law

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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 2012 – L1 – SA – Q6 – Contract Law

Identify a minor term in a contract.

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BL – Nov 2012 – L1 – SA – Q1 – Contract Law

Identify the cardinal rules of interpretation in law.

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BL – Nov 2012 – L1 – SA – Q19 – Contract Law

Identify the legal activity that an undischarged bankrupt is not incapacitated from doing.

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BL – May 2014 – L1 – SB – Q2B – Contract Law

Identifying five ways a contract can be discharged.

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BL – May 2014 – L1 – SA – Q5 – Contract Law

Identifying the remedy requiring the breaching party to perform their obligations.

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BL – May 2014 – L1 – SA – Q4 – Contract Law

Identifying the term for a contract breach entitling only damages.

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BL – May 2014 – L1 – SA – Q11 – Contract Law

Identifying when the court may lift the veil of incorporation.

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BL – Nov 2021 – L1 – SA – Q11 – Contract Law

Identifying the type of contract negotiated on social media.

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BL – Nov 2022 – L1 – SA – Q7 – Contract Law

Defining the act that constitutes theft under the Criminal Code.

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BCL – Nov 2016 – L1 – Q3c – Contract Law

State the means by which a contract may be discharged.

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BCL – Nov 2016 – L1 – Q3b – Contract Law

Explain the legal terms: Capacity, Acceptance, Misrepresentation, Goods, Quantum Meruit.

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BCL – Nov 2016 – L1 – Q3a – Contract Law

List the modifications made to the doctrine of consideration by the Contracts Act, 1960 (Act 25).

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BCL – May 2021 – L1 – Q2a – Contract Law

Analysis of a contractual transaction based on an advertisement and determining entitlement to the offer.

You're reporting an error for "BCL – May 2021 – L1 – Q2a – Contract Law"

BCL – May 2020 – L2 – Q3b – Employment Law

Discuss the stakeholders in a sexual harassment case and the impact of employees' prior knowledge on their right to claim.

You're reporting an error for "BCL – May 2020 – L2 – Q3b – Employment Law"

BCL – May 2020 – L2 – Q2b – Company Law

Discuss the entitlement of preferential shareholders to further dividends and principles relating to minimum capital for companies.

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BCL – Mar 2024 – L1 – Q4c – Types of Capital and the Financing of Companies, Company Law

Explain the legal significance of statements made in a share certificate under the Companies Act, 2019 (Act 992).

You're reporting an error for "BCL – Mar 2024 – L1 – Q4c – Types of Capital and the Financing of Companies, Company Law"

BCL – Mar 2024 – L1 – Q3b – Company Law

Analyze the chances of success for shareholders' action against the company under the Companies Act, 2019 (Act 992) and explain the organs through which a company acts.

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BCL – Mar 2024 – L1 – Q3a – Contract Law

Explain the three main kinds of mistakes recognized in contract law.

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BCL – Mar 2024 – L1 – Q2c – Contract Law

Assess the accuracy of the statement regarding third-party rights in the context of contract law.

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