Contract Law – Page 8

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 2017 – L1 – Q5b – Contract Law

Analyze the enforceability of a promise made after a service has been rendered.

Question

b) Akosua returned from work to find that a young adult in the neighbor’s home had pruned all the hedges of her home. Akosua, pleased with what the young adult had done, promised a reward of GH¢100.00. After two weeks, when the reward was not forthcoming, the young adult approached Akosua with a stern warning to enforce the promise.

Required:
Explain the chances of the young adult if he intends to seek redress in court. (4 marks)

Answer

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

Topic: Contract Law
Series: NOV 2017

BCL – Nov 2017 – L1 – Q3b – Contract Law, Tort

Explain the differences between contract law and tort law, including their definitions and key distinctions.

Question

b) Both tort and contract laws are considered part of the civil law (as opposed to criminal law). However, there are several differences between these two branches of civil law.

Required:
i) Explain law of contract and law of tort. (6 marks)
ii) State TWO differences between law of contract and law of tort. (4 marks)

(Total: 10 marks)

Answer

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Tags: Civil Law, Contract Law, Legal Definitions, Tort
Level: Level 1

Topic: Contract Law, Tort
Series: NOV 2017

BCL – Nov 2017 – L1 – Q3a – Tort, Contract Law

Discuss whether an investor can take action against an investment company for negligent advice leading to financial loss.

Question

a) Bobo Company Limited puts up an advert in the ‘Daily Times’ newspaper inviting members of the public to purchase shares. Mr. Kobina Fosu, an investor, decided to purchase some of the shares. He consulted an investment firm to advise on whether or not he should purchase the shares of the company. The investment firm advised Mr. Kobina Fosu that the company was buoyant and that its capital base was strong and attractive. As a result, Mr. Kobina Fosu bought a substantial number of shares of the company. Two months after the purchase of the shares, however, the company went bankrupt.

Required:
What advice, if any, will you give to Mr. Kobina Fosu? (10 marks)

Answer

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Tags: Duty of Care, Fiduciary Duty, Investment advice, Professional Negligence
Level: Level 1

Topic: Contract Law, Tort
Series: NOV 2017

BCL – Nov 2017 – L1 – Q2b – Tort, Contract Law

Advise on a case of professional negligence where incorrect business advice led to financial loss.

Question

b) Zealow & Associates is a consultancy firm of Accountants. Kingsley Gyeabour, a prospective businessman, has decided to establish a fuel filling station. He sought the professional advice of the consultancy firm, which advised that based on their assessment, the turnover for a day’s sale would be 1200 gallons of ordinary petrol and 1000 gallons of diesel. Relying on the firm’s statement, Gyeabour established the filling station. He later realized that the actual turnover was 100 gallons of petrol and 200 gallons of diesel. Gyeabour intends to sue and seeks your advice.

Required:
Advise Gyeabour. (12 marks)

Answer

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Topic: Contract Law, Tort
Series: NOV 2017

BCL – Nov 2017 – L1 – Q2a – Contract Law

Distinguish between an invitation to treat and an offer, and provide examples of an invitation to treat.

Question

a) Distinguish between invitation to treat and an offer. Identify TWO examples of invitation to treat.

(8 marks)

Answer

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

Topic: Contract Law
Series: NOV 2017

BCL – Mar 2023 – L1 – Q2b – Contract Law

Explain the options available to a purchaser misled by fraudulent misrepresentation.

Question

Explain TWO (2) options open to a purchaser who is induced to buy property by a vendor’s fraudulent misrepresentation.
(4 marks

Answer

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Tags: Contract Law, Fraudulent Misrepresentation, Remedies
Level: Level 1

Topic: Contract Law
Series: MAR 2023

BCL – Mar 2023 – L1 – Q2a – Contract Law

Discuss the applicability of exclusion clauses and essential elements of negligence in a business contract.

Question

Mr. and Mrs. Michel booked in for a week’s stay at a Hotel De-Horses. There was a notice in the bedroom which stated that “the proprietors will not be responsible for articles lost or stolen unless handed to the manageress for safe custody.” A stranger gained access to the room of the Michels and stole Mrs. Michel’s wedding ring and ornaments. The owners of the hotel have denied being liable. The Michels have decided to take action against the hotel.

Required:
i) Explain whether Management of the Hotel De-Horses can rely on the concept of exclusion clauses in business contracts to defend itself.
(4 marks)

ii) Assuming that the stranger gained access because the Michels did not lock their door, identify THREE (3) essential elements of negligence that must be proven by Management of Hotel De-Horses.
(6 marks)

Answer

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Tags: Business Contracts, Exclusion Clauses, Negligence
Level: Level 1

Topic: Contract Law
Series: MAR 2023

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 2017 – L1 – Q5b – Contract Law

Analyze the enforceability of a promise made after a service has been rendered.

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BCL – Nov 2017 – L1 – Q3b – Contract Law, Tort

Explain the differences between contract law and tort law, including their definitions and key distinctions.

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BCL – Nov 2017 – L1 – Q3a – Tort, Contract Law

Discuss whether an investor can take action against an investment company for negligent advice leading to financial loss.

You're reporting an error for "BCL – Nov 2017 – L1 – Q3a – Tort, Contract Law"

BCL – Nov 2017 – L1 – Q2b – Tort, Contract Law

Advise on a case of professional negligence where incorrect business advice led to financial loss.

You're reporting an error for "BCL – Nov 2017 – L1 – Q2b – Tort, Contract Law"

BCL – Nov 2017 – L1 – Q2a – Contract Law

Distinguish between an invitation to treat and an offer, and provide examples of an invitation to treat.

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BCL – Mar 2023 – L1 – Q2b – Contract Law

Explain the options available to a purchaser misled by fraudulent misrepresentation.

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BCL – Mar 2023 – L1 – Q2a – Contract Law

Discuss the applicability of exclusion clauses and essential elements of negligence in a business contract.

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