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THE LAW OF OBLIGATIONS

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280    AMY AND BEN (A) exam preparation & tutoring

(a)        In  domestic   and  social  agreements,  free ACCA BOOKS books pdf there   is a presumption    that  the  parties  do  not intend  to  create  legal relations.  The presumption    may be rebutted   by the  actual  facts and circumstances   of a particular   case (Simpkins  v Pays).{googleads}

(b)        Although   Amy  and Ben are brother   and sister  it is clear from  the  facts of the  situation that   they   entered   into  a business  relationship    with   regard  to  the  provision   of  the updating   of the  web  site.  In such circumstances   there  was a clear  intention   to  create legal relationships   and therefore   Amy  can enforce  the  contract   against  Ben.

281    ARTI (A)

(a)        Under  the  doctrine   of  anticipatory  free ACCA BOOKS books download pdf  breach,  one  party  prior  to  the  actual  due  date  of performance,       demonstrates      an    intention      not    to    perform     their     contractual obligations.

Express  anticipatory    breach  occurs  where   a party  actually   states  that  they  will  not perform   their  contractual   obligations   (Hochster  v De La Tour).

(b)        The  remedy   of   specific   performance   free ACCA BOOKS study materails  is  not   available   in  respect   of   contracts    of employment    or  personal  service.  Therefore,   Arti  cannot  be  legally  required   to  write the  book  for  Bee Ltd.

(c)        Bee Ltd can sue Arti  for free accounting books damages.  Damages  are  intended   to  compensate   an injured party  for  any financial  loss sustained  as a consequence   of another   party's  breach.

282    AMY AND BRY (A)

(a)        The long established   rule of contract   was that  the  mere  performance    of a contractual duty   already   owed  to  the  promisor   could  not  be  consideration    for  a new  promise (Stilk  v Myrick).   Where,  ACCA BOOKS study materails however,   the   promise   did  more   than   they   were   already contractually bound   to   do   then   the   performance     of   the   additional     task   does constitute   valid  consideration   for  a new promise.{googleads}

The case of  Williams  free download for pdf v Roffey  Bros expanded  this  to  say that  the  performance    of  an existing    contractual     duty   can   amount    to   consideration     for   a   new   promise    in circumstances    where   there   is no  question   of  fraud   or  duress,  and  where   practical benefits   accrue to the  promisor.

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THE LAW OF OBLIGATIONS

FREE ACCA BOOKS KAPLAN F4 EXAM KIT 2016-2017 - FREE ACCOUNTING B00KS
ANSWERS  TO MULTI-TASK QUESTIONS

280    AMY AND BEN (A) exam preparation & tutoring

(a)        In  domestic   and  social  agreements,  free ACCA BOOKS books pdf there   is a presumption    that  the  parties  do  not intend  to  create  legal relations.  The presumption    may be rebutted   by the  actual  facts and circumstances   of a particular   case (Simpkins  v Pays).{googleads}

(b)        Although   Amy  and Ben are brother   and sister  it is clear from  the  facts of the  situation that   they   entered   into  a business  relationship    with   regard  to  the  provision   of  the updating   of the  web  site.  In such circumstances   there  was a clear  intention   to  create legal relationships   and therefore   Amy  can enforce  the  contract   against  Ben.

281    ARTI (A)

(a)        Under  the  doctrine   of  anticipatory  free ACCA BOOKS books download pdf  breach,  one  party  prior  to  the  actual  due  date  of performance,       demonstrates      an    intention      not    to    perform     their     contractual obligations.

Express  anticipatory    breach  occurs  where   a party  actually   states  that  they  will  not perform   their  contractual   obligations   (Hochster  v De La Tour).

(b)        The  remedy   of   specific   performance   free ACCA BOOKS study materails  is  not   available   in  respect   of   contracts    of employment    or  personal  service.  Therefore,   Arti  cannot  be  legally  required   to  write the  book  for  Bee Ltd.

(c)        Bee Ltd can sue Arti  for free accounting books damages.  Damages  are  intended   to  compensate   an injured party  for  any financial  loss sustained  as a consequence   of another   party's  breach.

282    AMY AND BRY (A)

(a)        The long established   rule of contract   was that  the  mere  performance    of a contractual duty   already   owed  to  the  promisor   could  not  be  consideration    for  a new  promise (Stilk  v Myrick).   Where,  ACCA BOOKS study materails however,   the   promise   did  more   than   they   were   already contractually bound   to   do   then   the   performance     of   the   additional     task   does constitute   valid  consideration   for  a new promise.{googleads}

The case of  Williams  free download for pdf v Roffey  Bros expanded  this  to  say that  the  performance    of  an existing    contractual     duty   can   amount    to   consideration     for   a   new   promise    in circumstances    where   there   is no  question   of  fraud   or  duress,  and  where   practical benefits   accrue to the  promisor.

FREE ACCA BOOKS KAPLAN F4 EXAM KIT 2021-2022 - FREE ACCOUNTING B00KS