Question: What are the three ways in which a contract may be discharged? Elaborate all of them. (6marks) Last week, Ali found Chloes bag which contained

  1. What are the three ways in which a contract may be discharged? Elaborate all of them.

(6marks)

  1. Last week, Ali found Chloes bag which contained some very important documents. Ali returned the bag to Chloe yesterday. Chloe was really grateful that she promised to pay Ali RM1000 today.

Chloe changes her mind today and decides not to pay Ali. Can she claim that there was no consideration to the promise as Ali had already found the bag before the promise was made? Give a reason for your answer.

(6marks)

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