Question Tag: Acceptance

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BL – Nov 2011 – L1 – SA – Q8 – Negotiable Instruments

Identify which type of acceptance does not qualify as a qualified acceptance of a Bill.

A qualified acceptance of a Bill may occur in any of the following ways EXCEPT by:
A. Conditional acceptance
B. Partial acceptance
C. Restriction of payment to a place
D. Signature
E. Stipulation of time of payment

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BL – Nov 2012 – L1 – SB – Q3 – Law of Contract

Advise on the validity of a contract regarding an offer and its acceptance.

Angela sells fresh fish and made an offer to Mike at a party. Mike undertook to let Angela know his mind by post, since Angela could be reached only by post. On 2 March, Mike posted an acceptance letter to Angela, which got to Angela the day after Angela had sold her fresh fish to Andrew on 5 March. Mike wants to sue Angela for breach of contract.

a. Advise Angela as to whether or not she was bound to Mike by contract. (5 Marks)

b. Does Mike have a valid case against Angela? Give reasons for your answer. (3 Marks)

c. Is Andrew liable to Mike? State the reason for your answer. (2 Marks)

d. Explain briefly TWO differences between an “offer” and an “invitation to treat”. (5 Marks)

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BL – May 2021 – L1 – SA – Q10 – Law of Contract

Identifying the nature of acceptance that is subject to contract.

An acceptance that is subject to contract indicates a

A. Continuing negotiation
B. Void contract
C. Valid contract
D. Voidable contract
E. Closed negotiation

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BL – May 2023 – L1 – SA – Q1 – Law of Contract

Identify an element of a valid contract.

Which of the following is an element of a valid contract?
A. Conditional acceptance
B. Intention to create legal relations
C. Negotiation offer
D. Anticipatory offer

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BCL – Nov 2020 – L1 – Q4b – Contract Law

Assess the legal effect of a company's acceptance of a tender in a contract.

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

Required:
i) State briefly the legal effect of the company’s actions.

(6 marks)

ii) The maxim “Caveat Emptor” and “Caveat Venditor” sound a note of caution to contracting parties.
State THREE (3) things that are required of a wary contracting party. (6 marks)

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BCL – Nov 2016 – L1 – Q3b – Contract Law

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

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

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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.

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)

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BCL – Nov 2018 – L1 – Q2a – Contract Law

Explain why the Police Authorities refused to give a reward based on the concept of a unilateral contract.

The Police Authorities on behalf of the Government of the Republic of Taga offers a reward of GH¢10,000 to any person who provides information leading to the arrest and conviction of two suspected armed robbers. The robbers who rode on a motorbike shot and killed a policeman directing traffic on one of the busiest highways of the city of Rac.

Unaware of the reward, Kweku Minsu gave the information that led to the arrest of the armed robbers. He was later prompted by his friend Minimini to make a claim for the reward. He then went to make a claim for the reward but the Police Authorities refused.

Required:
Explain why the Police Authorities refused to give the reward to Kweku Minsu? (5 marks)

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BL – Nov 2011 – L1 – SA – Q8 – Negotiable Instruments

Identify which type of acceptance does not qualify as a qualified acceptance of a Bill.

A qualified acceptance of a Bill may occur in any of the following ways EXCEPT by:
A. Conditional acceptance
B. Partial acceptance
C. Restriction of payment to a place
D. Signature
E. Stipulation of time of payment

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BL – Nov 2012 – L1 – SB – Q3 – Law of Contract

Advise on the validity of a contract regarding an offer and its acceptance.

Angela sells fresh fish and made an offer to Mike at a party. Mike undertook to let Angela know his mind by post, since Angela could be reached only by post. On 2 March, Mike posted an acceptance letter to Angela, which got to Angela the day after Angela had sold her fresh fish to Andrew on 5 March. Mike wants to sue Angela for breach of contract.

a. Advise Angela as to whether or not she was bound to Mike by contract. (5 Marks)

b. Does Mike have a valid case against Angela? Give reasons for your answer. (3 Marks)

c. Is Andrew liable to Mike? State the reason for your answer. (2 Marks)

d. Explain briefly TWO differences between an “offer” and an “invitation to treat”. (5 Marks)

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BL – May 2021 – L1 – SA – Q10 – Law of Contract

Identifying the nature of acceptance that is subject to contract.

An acceptance that is subject to contract indicates a

A. Continuing negotiation
B. Void contract
C. Valid contract
D. Voidable contract
E. Closed negotiation

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BL – May 2023 – L1 – SA – Q1 – Law of Contract

Identify an element of a valid contract.

Which of the following is an element of a valid contract?
A. Conditional acceptance
B. Intention to create legal relations
C. Negotiation offer
D. Anticipatory offer

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BCL – Nov 2020 – L1 – Q4b – Contract Law

Assess the legal effect of a company's acceptance of a tender in a contract.

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

Required:
i) State briefly the legal effect of the company’s actions.

(6 marks)

ii) The maxim “Caveat Emptor” and “Caveat Venditor” sound a note of caution to contracting parties.
State THREE (3) things that are required of a wary contracting party. (6 marks)

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BCL – Nov 2016 – L1 – Q3b – Contract Law

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

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

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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.

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)

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BCL – Nov 2018 – L1 – Q2a – Contract Law

Explain why the Police Authorities refused to give a reward based on the concept of a unilateral contract.

The Police Authorities on behalf of the Government of the Republic of Taga offers a reward of GH¢10,000 to any person who provides information leading to the arrest and conviction of two suspected armed robbers. The robbers who rode on a motorbike shot and killed a policeman directing traffic on one of the busiest highways of the city of Rac.

Unaware of the reward, Kweku Minsu gave the information that led to the arrest of the armed robbers. He was later prompted by his friend Minimini to make a claim for the reward. He then went to make a claim for the reward but the Police Authorities refused.

Required:
Explain why the Police Authorities refused to give the reward to Kweku Minsu? (5 marks)

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