Question: This question is from Business Law. Kindly, answer this question in 'ILAC method'. Thank you. 1. (a) Define consideration? When can a contract be formed

This question is from Business Law. Kindly, answer this question in 'ILAC method'. Thank you.

1. (a) Define consideration? When can a contract be formed without consideration and under which law, discuss with examples. (b) In case of a breach of contract, when one may ask for specific performance of contract? In short, explain the discretion' that Court of Law enjoys while considering whether specific performance will be given or not in a particular case. In what cases it is likely that the court would refuse to grant 'specific performance of contract'? Your

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock blur-text-image

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!

Use a graph to compare the price and output of medallion yellow cabs in New York City before and after the 1920s. In the 1920s, New York taxicabs were competitive. There was no limit on the number of...

This question is from Business Law. Kindly use ILAC method to use this answer. Thank you. Question 03: Who is a Bankrupt and why? What constitutes an act of bankruptcy? What are the basic...

This question is from Business Law course. Kindly, use 'ILAC Method' to answer this question. Thank you. I know that. I asked the chegg support about it and they told me that I can post it on...

This question is from Business law course. Kindly, use 'ILAC Method' to answer this question. Thank you. Question 05: Renowned singer Ed Sheeran agreed to sing in the newly renovated Hotel...

Chapter 9 from Business Law and the Legal Environment was adapted by The Saylor Foundation under a Creative Commons Attribution-NonCommercial-ShareAlike 3.0 license without attribution as requested...

please answer this question thank you CASE STUDY In 2019 William was appointed by the University of Timez as a Senior Lecturer to teach management subjects in the business faculty. Already William...

Marking Rubric: HYPOTHETICAL ILAC QUESTION (EXTENDED): Steve is a pre-existing client of Bill, a financial planner. Bill has provided financial advice to Steve for the past 5 years and Bill is very...

Cengage 10 th Edition THE LEGAL ENVIRONMENT TODAY BUILDING SKILLS YOU WILL NEED TOMORROW Roger Leroy Miller Chapter 1 Unit 1. The Foundations 1. Law and Legal Reasoning Feverpitched/iStock/Getty...

All questions are to be answered in a short essay form. Structure your answers around the factual basis. 1. Landlord-tenant relationship is a peculiar one. Please discuss legal aspects of this...

UMUC - The Undergraduate School Business and Professional Programs BMGT 380 - Final Exam - Fall 2017 GOOD LUCK!! Exam Instructions: Open book exam: may use textbook, class notes/lectures, class...

1. Daniel Dimwit sees an advertisement for a toaster oven at Target for the price of $49.00. When he gets to Target they are all sold out. Sears has the same toaster oven for $60.00. Can Mr. Dimwit...

advantages of a furnace over a flame Which of the following are advantages of a furnace over a flame in atomic absorption? higher sensitivity because the atomized sample is in the optical path longer...

Podunk Institute of Technologys Math Department offers two courses: Finite Math and Applied Calculus. Each section of Finite Math has 60 students, and each section of Applied Calculus has 50. The...

Discuss the general criteria for amounts to be included in the gross income of a non - resident in terms of the general definition

What is an example of constructive feedback? provide reference