Introduction To Business Law 5th Edition Lucy Jones - Solutions

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Who is competent to accept the offer? (Ref. Para-2.7)
Define the term acceptance. (Ref. Para-2.7)
An acceptance must be made before the proposal lapses. Comment. (Ref. Para-2.6)
When does an offer come to an end? (Ref. Para-2.6)
Distinguish between a general offer and a specific offer. (Ref. Para-2.5).
What are the effects of a counter offer? (Ref. Para-2.4)
What are the main difference between an express offer and an implied offer?Explain with suitable examples? (Ref. Para-2.4)
A counter offer to an offer lapses the offer. Comment. (Ref. Para-2.4)
Explain counter offer with suitable examples. (Ref. Para-2.4)
Write a short note on kinds of offer. (Ref. Para-2.4)
Distinguish between the offer and the invitation to make an offer. (Ref. Para-2.3)
Write a short note on the invitation to make an offer. (Ref. Para-2.2)
Can a proposer add terms and conditions after an offer is made? (Ref. Para-2.2)
A valid offer should bind the other party to reply compulsarily. Comment. (Ref. Para-2.2)
What are the legal rules as to proposal? (Ref. Para-2.2)
An offer must show willingness of the offeree. Is it a correct statement? (Ref. Para-2.1)
An offer may be positive but not negative. Comment. (Ref. Para-2.1)
What are the essential elements of a valid offer? (Ref. Para-2.1)
Define the term offer.
Express contract means a contract made by(i) words either spoken or written. (iii) both words and documents.(ii) documents. (iv) all of the above.
Contracts classified on the basis of performance are(i) executed contracts. (iii) partly executed or partly executory contracts.(ii) executory contracts. (iv) all of the above.
A contract in which, under the terms of a contract, one or both the parties have still to perform their obligations in future is known as(i) executed contract. (iii) unilateral contract.(ii) executory contract. (iv) none of the above.
A contract in which, under the terms of a contract, nothing remains to be done by either party is known as(i) executed contract. (iii) unilateral contract.(ii) executory contract. (iv) none of the above.
According to enforceability, the contracts may be classified as(i) valid contracts. (iii) voidable contracts.(ii) void contracts. (iv) all of the above.
All illegal agreements are void; but all void agreements are not illegal.(i) True (iii) false(ii) Partly true (iv) None of the above
…………….. is a one-sided contract in which only one party has to perform his promise or obligation.(i) Void contract (iii) Unilateral contract(ii) Illegal agreement (iv) Bilateral contract
…………….. implies a contract though the parties never expressed their intention to enter into a contract.(i) Express contract (iii) Electronic contract(ii) Implied contract (iv) Unlawful contract
A appoints B as his agent, by way of a power of attorney. This is an example of(i) express contract. (iii) tacit contract.(ii) implied contract. (iv) unlawful contract.
……………… is made by words written.(i) Express contract (iii) Tacit contract(ii) Implied contract (iv) Unlawful contract
……………… is made by words spoken.(i) Express contract (iii) Tacit contract(ii) Implied contract (iv) Unlawful contract
A makes a contract with B to beat his business competitor. This is an example of(i) valid contract. (iii) voidable contract.(ii) illegal agreement. (iv) unenforceable contract.
A and B enter into a contract to marry each other. Before the time fixed for the marriage, A goes mad. The contract becomes(i) void. (iii) valid.(ii) illegal. (iv) voidable.
…………… is without any legal effect and cannot be enforced in a Court of Law.(i) Valid contract (iii) Voidable contract(ii) Void contract (iv) Unenforceable contract
When the contract is perfectly valid but cannot be enforced because of certain technical defects.This is called(i) unilateral contract. (iii) unenforceable contract.(ii) bilateral contract. (iv) void contract.
An agreement is valid(i) which creates legal and social obligations of the parties.(ii) which creates rights of a party.(iii) which is written on a piece of paper and signed by the parties.(iv) which creates legally binding right and obligations of the parties to it.
A promise to give ` 5000 per month pocket money to his son B. If A does not give the pocket money(i) B can sue his father. (iii) B can accept a lower pocket money also.(ii) B has no remedy against A. (iv) B has to give ` 5000 to his father.
A invites B for coffee in Coffe day Restaurant and B accepts the invitation. On the appointed date, B goes there but A is does not come. In this case(i) B has no remedy against A. (iii) B can sue A for not honouring his words.(ii) B has to wait for another invitation from A. (iv) A has to invite B
Agreement to murder a person(i) cannot be enforceable by law. (iii) is invalid for want of consideration.(ii) is valid in law. (iv) has no consensus ad idem.
Valid contracts(i) are made by free consent. (iii) have lawful consideration and lawful object.(ii) are made by competent parties. (iv) all of the above.
A contract creates(i) rights in personam. (iii) no obligations.(ii) rights in rem. (iv) only obligations and no rights.
Every promise and every set of promise forming the consideration for each other is a/an(i) contract. (iii) offer.(ii) agreement. (iv) acceptance.
In India, the express provisions of the Contract Act applies to(i) Hindus. (iii) businessman.(ii) female. (iv) all of the above.
An agreement consists of reciprocal promises between at least(i) four parties. (iii) three parties.(ii) six parties. (iv) two parties.
The Law of Contract is nothing but(i) a child of commercial dealing. (iii) a child of day-to-day politics.(ii) a child of religion. (iv) a child of economics.
What are similarities between void and illegal agreements? (Ref. Para-1.8)
Distinguish between void and illegal agreements. (Ref. Para-1.7)
What is an illegal agreement? Is illegal agreement always void? (Ref. Para-1.5)
What is the main difference between void and voidable contract? (Ref. Para-1.6)
Define voidable contract. (Ref. Para-1.5)
Define void contract. (Ref. Para-1.5)
Explain in brief the executor and the executed contract. (Ref. Para-1.5)
Explain in brief the implied contract with an example. (Ref. Para-1.5)
What is an express contract? Give a suitable example. (Ref. Para-1.5)
All contracts are agreements but all agreements are not contract.Comment on the statement. (Ref. Para-1.4)
Enumerate the essentials of a valid contract. (Ref. Para-1.3)
Define contract and distinguish between agreement and contract. (Ref. Para-1.2,1.4)
Define agreement. (Ref. Para-1.2)
Natural Beauty Ltd manufactures a range of cosmetic items. The company has expanded over recent years and the managing director believes that they should registetrh e green leaf logo the company puts on its goods as a trade mark. Advise the company on the process and benefits of registering the
Pedro believes he has invented a waterproof mobile phone case totally different from anything he has seen or heard of and wishes to patent it. He has not told anyone about it but is thinking of taking his invention to a local trade fair next week. Advise Pedro on the steps he will need to take to
Charles, the author of a series of ‘the worst wizard’ children’s books, visits Jane and accidentally leaves behind a copy of the next as-yet unpublished, ‘The worst wizard goes camping’ novel. Jane takes a copy of the entire book before returning it to Charles, and then gives
Outline the types of designs that may be registered under the Registered Designs Act 1949. How long will protection last?
Flora Exotic Ltd, a company selling plants, has a large number of debts but continues to trade. Kerry has supplied large quantities of fertilizer to Flora Exotic Ltd but, despite several reminders, their account for 5,000 has not been paid.a) Advise Kerry, who wishes to petition the court to have
George owns shares in Organic School Dinners plc. He wants to propose a resolution that the compa- ny should endeavour to source organic food locally. He has gained the support of a number of other shareholders. Explain to George whether he can require the company to hold a meeting to consider his
The Companies Act 2006 gives protection to minority shareholders by allowing minority sharehold- ers to bring 'derivative claims' and also allows minority shareholders to sue for 'unfair prejudicial conduct'. Explain and discuss these actions.
Explain the difference between an ordinary and special resolution and how these are made. Can company resolutions be made without the need for a meeting?
Pike, Harri, and Raj are directors of a beauty products company. Pike is responsible for negotiations with suppliers and customers. He agrees a contract between the company and Bleach Ltd for the supply of various chemicals. Bleach Ltd give Pike a commission of £3,000 which he does not declare.
Herb Ltd has three directors: Parsley, Sage, and Rosemary. Occasionally Parsley and Rosemary come into the company’s premises but all decisions about running the company are left to Sage, who acts as managing director although he has never been appointed as such. In January, Sage enters into a
Explain where a director gets authority to act on behalf of a company and how third parties are protected if a director acts outside his authority.
Under the Companies Act 2006, directors owe various duties to a company. Outline the seven general duties of directors which are set out in ss 171-177 of the Companies Act 2006.
Sarah is a Druid. She wants to have time off to celebrate the summer solstice at Stonehenge, but her employer refuses. At about the same time, he allows some Muslims to take a few days off for Eid. Advise Sarah.
Jo is a transsexual who has undergone surgery to change her sex from male to female. She applies for a job as a hairdresser, but is rejected because the owner of the salon thinks that she does not really look the part. Does she have any legal remedy? Would your answer be any different if she
Explain the differences between the different types of prohibited conduct.
Discuss the protected characteristics under the Equality Act 2010.
A lecturer is asked to teach on a course at a college of higher education. The course has already been written, and the lecturer is given lesson plans to follow. She only has to come to the college for two hours on a Tuesday to teach that particular course. She does not have a manager and is told
A football manager is employed on a five-year contract. After three years, his team does extremely badly in the Premiership and is relegated. The club wishes to dismiss the manager. What issues are raised?
Explain the difference between an employee, a worker and a self-employed contractor. Why is the difference important?
Explain how an employer can show that the way he dismissed an employee was reasonable. What kinds of action can be reasonable?
Sam enters a competition run by his local newspaper, the Surrey Times. He wins second prize, an‘Excel washing machine’, which has been manufactured by Excel Appliances Ltd. Sam used the machine for nine washes successfully but, while his tenth wash is on, the machine bursts into flames. Sam
Wayne decides to hold a party to celebrate England winning the World Cup. John, who has not been invited, enters via the back door and on seeing Wayne coming towards him, goes through a small door marked ‘Dangerous Steps’. The door opens inwards and John falls down the steps into a cellar.He
With reference to liability in the torts of trespass, private nuisance, and the rule in Ry/ands v Fletcher, explain the extent to which occupiers of land should ensure that the state of their property, and activities which take place on their property, do not interfere with the use and enjoyment of
To what extent is taking an action under the Consumer Protection Act 1987 an improvement on taking an action in the tort of negligence?
Fraud and Co, a firm of accountants and auditors, were employed to prepare the accounts and balance sheet of Apple plc, knowing the accounts were to be sent to Bill, a private investor, who was thinking of buying a majority shareholding in Apple plc. The accounts were negligently prepared and
Ruby, who recently passed her driving test, decides to drive into town. On turning right at a junc- tion, she negligently fails to see a car being driven by Sapphire and crashes into it. Sapphire was not wearing a seatbelt at the time of the accident, and was badly injured. Sapphire's husband, Tom,
Explain the test which is applied in the tort of negligence to determine whether the defendant breached the legal duty of care owed to the claimant. What factors would a court take into account when determining how a reasonable person would act?
Discuss what is meant by 'a duty of care' in the tort of negligence.
Harry appoints Lin, as an agent, to sell his microlight aeroplane and agrees to pay her 5 per cent commission. Lin sells the aeroplane to Paul for 50,000 and Harry pays her 2,500 commission. As Paul has got the plane cheaply, he gives Lin a commission of 1,000. Lin does not disclose this to Harry.
Jenny authorizes Sam, her agent, to sell Jenny's diamond ring for not less than 3,000 and to pur- chase ten Apple iMacs for Jenny's business for up to 9,000. Sam buys the ring herself for 3,000 using a nominee and then sells it on to a dealer for 4,000. Sam keeps the 1,000 she has made. Sam, who is
Discuss the rights and duties of an agent.
Explain the different methods by which an agency relationship may be established.
Ali, a student, buys an electric bike from Race Ltd. The bike is described as having a battery with enough power to run for 50 miles. Ali uses the bike every day for five months but notices that the battery is no longer retaining the charge and runs out after five miles. Ali also pays to download a
Cathy, the owner of a small business, is going on a skiing holiday. Before leaving she orders a grey carpet for the office from carpets2U Ltd's sample book. The back of the sample has a sticker on it which describes the carpet as 100 per cent wool. Cathy also treats herself to an expensive set of
'Ownership of goods passes when the parties intend it to pass', but when does ownership pass in a business to business sale of goods contract if no intention of the parties is evident?
Explain the terms which are implied into contracts for the sale of goods by ss 13, 14(2), 14(3), and 15 of the Sale of Goods Act 1979.
Sebastian is the owner of a famous fish restaurant 'Poissons'. He has just engaged a top chef, Pierre, who has contracted to work solely for him during the next six months, and not to work in any other restaurant within a mile during that time. 'Poissons' has a large tank full of a variety of live
Sally used to be the owner of a prosperous dating agency in Brighton. Three years ago she made a contract with Speedy Ltd to advertise her agency on four of their buses for a period of one year. Soon after she had made this contract, Sally decided to terminate her dating agency and become an
In what circumstances may a contract be discharged because of frustration?
Explain the meaning of 'Remoteness of damage' and 'Measure of damages'.
Lulu owns a luxury watch and jewellery store in Brighthelm. She receives an e-mail order for two top-of-the-range watches, costing 2,000 each, from Terry who claims to be from Anex Design, an interior decorating company which requires the watches quickly as retirement presents for two of their
In October, Atomic Kat Ltd begins negotiations with Alcopops plc for sponsorship for Atomic Kat, a famous pop group. In November, Natasha from Atomic Kat informs the rest of the members of the group that she is thinking of going solo. In December, Atomic Kat Ltd sign the sponsorship contract with
A contract entered into where there is undue influence or duress is voidable but what constitutes: (a) duress; and (b) undue influence?

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Introduction To Business Law 5th Edition Lucy Jones - Solutions

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