Semester 3 Commercial Law 1. What are contracts that are unenforceable? 2. How d
ID: 1138971 • Letter: S
Question
Semester 3 Commercial Law 1. What are contracts that are unenforceable? 2. How do we secure a claim over someone's property in Australia? 3. What are the different business entities available to Australian entities? 4. What are implied and express terms, can you give an example? S. A customer arrives at a ferry terminal and pays for a trip, but find that the boat has left, he demands his money back. Can he get his money back? 6. Are some contracts defective, but can still be enforced? 7. What is a fixture on a property? How is this important if selling a property? 8. What are the distinct advantages of setting up a company? Are there any disadvantages? 9. What are the elements that make up the formation of a contract? 10. What is the parol evidence rule? How does it work and can we get around this? 11. What are the consumer protection provisions available to a consumer? 12. If I see a good, that is marked with the wrong price, does the store have to sell it to me for that price? 13. When can we do without consideration in a contract? 14. Can a promise be enforceable, even though no consideration has passed between the par- ties? 15. I have agreed to lend a friend some money, does he have to pay it back? 16. What are the ways in which a contract may become unenforceable by one of the parties? 17. What is the enforceability of exclusion clauses in contracts in Australia? 18. Jim enters into lengthy negotiations over the purchase of a car. Jim assured by the vendor that the car has been full serviced, and of good quality. Jim purchases the car, but finds it does not work as expected. What are his rights against the vendor? Section 1 Question 1. If an intoxicated person, an adult, enters into a contract, can they claim not to be lia- ble for that agreement? Explain with reference to appropriate law, and any factual situations which might lead to different conclusions as to enforceability of an agree- ment. 3 Marks a)Explanation / Answer
Answer 1 :- An enforceable contract is a contrac which is made up of two things that one is offer and second is acceptance. An Enforceable contract is a contract which is legally bound It is a legal agreement between the two parties.
Answer 3 :- The different business entities available to australian entities are as follows :-
1. Sole Trading
2. Trust
3. Partnership
4. Company
Answer 4 :- Impied terms :- Implied terms are the terms that the court assumes that these are always present in the contract there is no need to express these terms . These are intended to be included in the contract. The most common example of it is implied warranty by merchantability
Express terms :- Express terms are the terms which the party making contract are need to clearly expressed to each other It is a term that is directly stated by both parties clearly. Example any term such as if i am not able to do this i need to give to $400
Solution 5:- Here the condition depends on the terms of the contract that it is the policy of the company to refund the money in this case or not and the condition also depends that whose fault arises behind this either it is of contractor or contractee. So it is not easy to clearly defined the result without the understanding of whole terms .
It is the chegg policy to answer any four subparts at once only
Related Questions
drjack9650@gmail.com
Navigate
Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.