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Find Related Questions by Tags, levels, etc.
On 1st of May, Adam saw a car in a local garage with a price tag of N300,000. When he went in to buy it, the garage owner, Bala, laughed and said that the tag must have been wrongly labelled as the actual price of the car was N800,000. However, in the circumstances, he said he would split the difference and let Adam have it for N550,000. Adam asked for time to think about the offer and Bala said he could have three days. Two days later, Adam found out that his friend Chibuzor had bought the car from Bala for N700,000. Adam has decided to sue Bala for breach of contract. Advise Adam.
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Which of the following is NOT a situation where an offer may be terminated before acceptance?
A. Where the offer is rejected by the offeree outright or by way of a counteroffer
B. When the offer does not bear the signature of the offeror
C. When the conditions attached to the offer remain unfulfilled
D. When the offer is revoked by the offeror, or the offeree makes acceptance impossible
E. When sufficient time has elapsed since the date of the offer to justify the inference that the offeree did not wish to accept it.
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Find Related Questions by Tags, levels, etc.
Find Related Questions by Tags, levels, etc.
Find Related Questions by Tags, levels, etc.
b. For a contract to be valid, there must be offer and acceptance, among other
elements.
Required:
i. Explain briefly “Counter-Offer” in the law of contract. (2 Marks)
ii. State FOUR circumstances that may lead to the termination of an offer. (4 Marks)
iii. Esther sold a bale of Ankara cloth to Mama Ope who agreed that she would not sell the cloth above ₦1,000 per piece. Bode bought twenty pieces of the cloth from Mama Ope at ₦1,000 per piece and later resold them at ₦1,500 per piece. Esther wants to sue Bode for breach of contract.
Required:
Advise Esther on her legal rights in this case. (3 Marks)
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Find Related Questions by Tags, levels, etc.
On 20 November 2015, the ‘Daily Graphic Newspaper’ advertised a promotion sale for Dabenda Company Limited stating that the Company’s “Miracle Balm” was capable of treating boils and foot-rot and that whoever bought the product and used it per the prescription without the boils and foot-rot disappearing would be entitled to GH¢200.00. Pursuant to that promise, the Company gave a standing order to its bankers on that pledge. The promotion sale was due to end on 19 November 2016.
Madam Akua Mansah heard of the advertisement and bought one of the balms. She used it according to the prescription and also applied some of the cream to her 14-year-old daughter who had similar problems but their boils and foot-rot still persisted. She intends to sue the Company.
Required:
i) Explain whether Madam Akua Mansah is likely to succeed with her intended action. (10 marks)
ii) Madam Akua Mansah’s daughter also intends to take action against the company. Explain her chances, if any. (10 marks)
Find Related Questions by Tags, levels, etc.
Find Related Questions by Tags, levels, etc.
Find Related Questions by Tags, levels, etc.
On 1st of May, Adam saw a car in a local garage with a price tag of N300,000. When he went in to buy it, the garage owner, Bala, laughed and said that the tag must have been wrongly labelled as the actual price of the car was N800,000. However, in the circumstances, he said he would split the difference and let Adam have it for N550,000. Adam asked for time to think about the offer and Bala said he could have three days. Two days later, Adam found out that his friend Chibuzor had bought the car from Bala for N700,000. Adam has decided to sue Bala for breach of contract. Advise Adam.
Find Related Questions by Tags, levels, etc.
Which of the following is NOT a situation where an offer may be terminated before acceptance?
A. Where the offer is rejected by the offeree outright or by way of a counteroffer
B. When the offer does not bear the signature of the offeror
C. When the conditions attached to the offer remain unfulfilled
D. When the offer is revoked by the offeror, or the offeree makes acceptance impossible
E. When sufficient time has elapsed since the date of the offer to justify the inference that the offeree did not wish to accept it.
Find Related Questions by Tags, levels, etc.
Find Related Questions by Tags, levels, etc.
Find Related Questions by Tags, levels, etc.
Find Related Questions by Tags, levels, etc.
b. For a contract to be valid, there must be offer and acceptance, among other
elements.
Required:
i. Explain briefly “Counter-Offer” in the law of contract. (2 Marks)
ii. State FOUR circumstances that may lead to the termination of an offer. (4 Marks)
iii. Esther sold a bale of Ankara cloth to Mama Ope who agreed that she would not sell the cloth above ₦1,000 per piece. Bode bought twenty pieces of the cloth from Mama Ope at ₦1,000 per piece and later resold them at ₦1,500 per piece. Esther wants to sue Bode for breach of contract.
Required:
Advise Esther on her legal rights in this case. (3 Marks)
Find Related Questions by Tags, levels, etc.
Find Related Questions by Tags, levels, etc.
On 20 November 2015, the ‘Daily Graphic Newspaper’ advertised a promotion sale for Dabenda Company Limited stating that the Company’s “Miracle Balm” was capable of treating boils and foot-rot and that whoever bought the product and used it per the prescription without the boils and foot-rot disappearing would be entitled to GH¢200.00. Pursuant to that promise, the Company gave a standing order to its bankers on that pledge. The promotion sale was due to end on 19 November 2016.
Madam Akua Mansah heard of the advertisement and bought one of the balms. She used it according to the prescription and also applied some of the cream to her 14-year-old daughter who had similar problems but their boils and foot-rot still persisted. She intends to sue the Company.
Required:
i) Explain whether Madam Akua Mansah is likely to succeed with her intended action. (10 marks)
ii) Madam Akua Mansah’s daughter also intends to take action against the company. Explain her chances, if any. (10 marks)
Find Related Questions by Tags, levels, etc.
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