Common Mistake – NBC Institute

BL – Nov 2012 – L1 – SB – Q4A – Law of Contract

Advise Onome regarding a life insurance policy under a common mistake.

Question

Chief Newton is responsible for the university education of Onome who then decides to insure Chief Newton’s life with Maxim Assurance Plc. The policy became effective on 2 March, but unknown to Onome and Maxim Plc, Chief Newton had died back in the village on 28 February.

Required:
Advise Onome as to whether or not she can sustain a claim under the policy, giving reasons for your advice.

Answer

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Tags: Common Mistake, Insurance
Level: Level 1

Topic: Law of Contract
Series: NOV 2012

BL – Nov 2013 – L1 – SA – Q5 – Law of Contract

Identifies the term for a situation where both parties are mistaken about the subject matter in a contract.

Question

In a contract, the situation in which both parties are mistaken as to the subject matter is known as _____________________.

Answer

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Tags: Common Mistake, Contract Law, Mistake, Short Answer
Level: Level 1

Topic: Law of Contract
Series: NOV 2013

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

Find Related Questions by Tags, levels, etc.

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

Topic: Contract Law
Series: MAR 2024

BL – Nov 2012 – L1 – SB – Q4A – Law of Contract

Advise Onome regarding a life insurance policy under a common mistake.

Question

Required:
Advise Onome as to whether or not she can sustain a claim under the policy, giving reasons for your advice.

Answer

Find Related Questions by Tags, levels, etc.

Tags: Common Mistake, Insurance
Level: Level 1

Topic: Law of Contract
Series: NOV 2012

BL – Nov 2013 – L1 – SA – Q5 – Law of Contract

Identifies the term for a situation where both parties are mistaken about the subject matter in a contract.

Question

In a contract, the situation in which both parties are mistaken as to the subject matter is known as _____________________.

Answer

Find Related Questions by Tags, levels, etc.

Tags: Common Mistake, Contract Law, Mistake, Short Answer
Level: Level 1

Topic: Law of Contract
Series: NOV 2013

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

Find Related Questions by Tags, levels, etc.

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

Topic: Contract Law
Series: MAR 2024

Question Tag: Common Mistake

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BL – Nov 2012 – L1 – SB – Q4A – Law of Contract

Advise Onome regarding a life insurance policy under a common mistake.

BL – Nov 2013 – L1 – SA – Q5 – Law of Contract

Identifies the term for a situation where both parties are mistaken about the subject matter in a contract.

BCL – Mar 2024 – L1 – Q3a – Contract Law

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

BL – Nov 2012 – L1 – SB – Q4A – Law of Contract

Advise Onome regarding a life insurance policy under a common mistake.

BL – Nov 2013 – L1 – SA – Q5 – Law of Contract

Identifies the term for a situation where both parties are mistaken about the subject matter in a contract.

BCL – Mar 2024 – L1 – Q3a – Contract Law

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

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Question Tag: Common Mistake

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Advise Onome regarding a life insurance policy under a common mistake.

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BL – Nov 2013 – L1 – SA – Q5 – Law of Contract

Identifies the term for a situation where both parties are mistaken about the subject matter in a contract.

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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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BL – Nov 2012 – L1 – SB – Q4A – Law of Contract

Advise Onome regarding a life insurance policy under a common mistake.

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BL – Nov 2013 – L1 – SA – Q5 – Law of Contract

Identifies the term for a situation where both parties are mistaken about the subject matter in a contract.

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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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