Question Tag: Consideration

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  • 1 Marks

BL – May 2014 – L1 – SA – Q9 – Hire Purchase and Consumer Credit Transactions

Understanding the term for possession in hire purchase after payment.

In hire purchase transaction, the hirer is put in possession of goods on payment of the consideration known as ____________.

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  • 1 Marks

BL – May 2014 – L1 – SA – Q9 – Hire Purchase and Consumer Credit Transactions

Understanding the term for possession in hire purchase after payment.

In hire purchase transaction, the hirer is put in possession of goods on payment of the consideration known as ____________.

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  • 1 Marks

BL – May 2018 – L1 – SA – Q11 – Law of Contract

Identify when a contract may be valid without consideration.

A contract may be valid without consideration if it
A. Has exclusion term
B. Has warranty
C. Is by deed
D. Is implied
E. Is made express

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  • 1 Marks

BL – May 2018 – L1 – SA – Q11 – Law of Contract

Identify when a contract may be valid without consideration.

A contract may be valid without consideration if it
A. Has exclusion term
B. Has warranty
C. Is by deed
D. Is implied
E. Is made express

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  • 6 Marks

BL – May 2024 – L1 – SB – Q3b – Law of Contract

State and explain four rules that govern consideration in contracts.

Consideration is an element of a contract.
Required:
State FOUR rules that govern consideration. (6 Marks)

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  • 6 Marks

BL – May 2024 – L1 – SB – Q3b – Law of Contract

State and explain four rules that govern consideration in contracts.

Consideration is an element of a contract.
Required:
State FOUR rules that govern consideration. (6 Marks)

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  • 1 Marks

BL – May 2015 – L1 – SA – Q18 – Law of Contract

Identify the consideration in a contract of insurance.

The consideration in a contract of insurance is
A. Subrogation
B. Premium
C. Assignment
D. Policy
E. Money

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  • 1 Marks

BL – May 2015 – L1 – SA – Q18 – Law of Contract

Identify the consideration in a contract of insurance.

The consideration in a contract of insurance is
A. Subrogation
B. Premium
C. Assignment
D. Policy
E. Money

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  • 5 Marks

BCL – Nov 2020 – L1 – Q5c – Contract Law

Explain whether consideration is always a requirement for a contract to be valid.

Explain whether consideration is always a requirement for a contract to be valid. (5 marks)

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  • 5 Marks

BCL – Nov 2020 – L1 – Q5c – Contract Law

Explain whether consideration is always a requirement for a contract to be valid.

Explain whether consideration is always a requirement for a contract to be valid. (5 marks)

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  • 8 Marks

BCL – May 2017 – L1 – Q4b – Contract Law

Discuss the legality of withdrawing a promise to keep an offer open for a specified period under Ghanaian law.

b) ‘A promise to keep an offer open for a specified period can be withdrawn by the promisor before the expiration of the period’

Required: Explain whether this is a true position of the law in Ghana now. (8 marks)

 

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  • 8 Marks

BCL – May 2017 – L1 – Q4b – Contract Law

Discuss the legality of withdrawing a promise to keep an offer open for a specified period under Ghanaian law.

b) ‘A promise to keep an offer open for a specified period can be withdrawn by the promisor before the expiration of the period’

Required: Explain whether this is a true position of the law in Ghana now. (8 marks)

 

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  • 20 Marks

BCL – May 2017 – L1 – Q2 – Contract Law

Evaluate the likelihood of success for legal actions based on an advertisement offering a reward for product effectiveness.

On 20 November 2015, the ‘Daily Graphic Newspaper’ advertised a promotion sale for Dabenda Company Limited stating that the Company’s “Miracle Balm” was capable of treating boils and foot-rot and that whoever bought the product and used it per the prescription without the boils and foot-rot disappearing would be entitled to GH¢200.00. Pursuant to that promise, the Company gave a standing order to its bankers on that pledge. The promotion sale was due to end on 19 November 2016.

Madam Akua Mansah heard of the advertisement and bought one of the balms. She used it according to the prescription and also applied some of the cream to her 14-year-old daughter who had similar problems but their boils and foot-rot still persisted. She intends to sue the Company.

Required:

i) Explain whether Madam Akua Mansah is likely to succeed with her intended action. (10 marks)

ii) Madam Akua Mansah’s daughter also intends to take action against the company. Explain her chances, if any. (10 marks)

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  • 20 Marks

BCL – May 2017 – L1 – Q2 – Contract Law

Evaluate the likelihood of success for legal actions based on an advertisement offering a reward for product effectiveness.

On 20 November 2015, the ‘Daily Graphic Newspaper’ advertised a promotion sale for Dabenda Company Limited stating that the Company’s “Miracle Balm” was capable of treating boils and foot-rot and that whoever bought the product and used it per the prescription without the boils and foot-rot disappearing would be entitled to GH¢200.00. Pursuant to that promise, the Company gave a standing order to its bankers on that pledge. The promotion sale was due to end on 19 November 2016.

Madam Akua Mansah heard of the advertisement and bought one of the balms. She used it according to the prescription and also applied some of the cream to her 14-year-old daughter who had similar problems but their boils and foot-rot still persisted. She intends to sue the Company.

Required:

i) Explain whether Madam Akua Mansah is likely to succeed with her intended action. (10 marks)

ii) Madam Akua Mansah’s daughter also intends to take action against the company. Explain her chances, if any. (10 marks)

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  • 10 Marks

BCL – May 2016 – L1 – Q3b – Contract Law

Explain five rules that relate to consideration in the Law of Contract.

Explain FIVE rules that relate to consideration in the Law of Contract. (10 marks)

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  • 10 Marks

BCL – May 2016 – L1 – Q3b – Contract Law

Explain five rules that relate to consideration in the Law of Contract.

Explain FIVE rules that relate to consideration in the Law of Contract. (10 marks)

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  • 4 Marks

BCL – Nov 2016 – L1 – Q3a – Contract Law

List the modifications made to the doctrine of consideration by the Contracts Act, 1960 (Act 25).

The Contracts Act, 1960, Act 25, has modified the common law doctrine of consideration. List FOUR of the modifications.

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  • 4 Marks

BCL – Nov 2016 – L1 – Q3a – Contract Law

List the modifications made to the doctrine of consideration by the Contracts Act, 1960 (Act 25).

The Contracts Act, 1960, Act 25, has modified the common law doctrine of consideration. List FOUR of the modifications.

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  • 4 Marks

BCL – Nov 2017 – L1 – Q5b – Contract Law

Analyze the enforceability of a promise made after a service has been rendered.

b) Akosua returned from work to find that a young adult in the neighbor’s home had pruned all the hedges of her home. Akosua, pleased with what the young adult had done, promised a reward of GH¢100.00. After two weeks, when the reward was not forthcoming, the young adult approached Akosua with a stern warning to enforce the promise.

Required:
Explain the chances of the young adult if he intends to seek redress in court. (4 marks)

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  • 4 Marks

BCL – Nov 2017 – L1 – Q5b – Contract Law

Analyze the enforceability of a promise made after a service has been rendered.

b) Akosua returned from work to find that a young adult in the neighbor’s home had pruned all the hedges of her home. Akosua, pleased with what the young adult had done, promised a reward of GH¢100.00. After two weeks, when the reward was not forthcoming, the young adult approached Akosua with a stern warning to enforce the promise.

Required:
Explain the chances of the young adult if he intends to seek redress in court. (4 marks)

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  • 1 Marks

BL – May 2014 – L1 – SA – Q9 – Hire Purchase and Consumer Credit Transactions

Understanding the term for possession in hire purchase after payment.

In hire purchase transaction, the hirer is put in possession of goods on payment of the consideration known as ____________.

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  • 1 Marks

BL – May 2014 – L1 – SA – Q9 – Hire Purchase and Consumer Credit Transactions

Understanding the term for possession in hire purchase after payment.

In hire purchase transaction, the hirer is put in possession of goods on payment of the consideration known as ____________.

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  • 1 Marks

BL – May 2018 – L1 – SA – Q11 – Law of Contract

Identify when a contract may be valid without consideration.

A contract may be valid without consideration if it
A. Has exclusion term
B. Has warranty
C. Is by deed
D. Is implied
E. Is made express

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  • 1 Marks

BL – May 2018 – L1 – SA – Q11 – Law of Contract

Identify when a contract may be valid without consideration.

A contract may be valid without consideration if it
A. Has exclusion term
B. Has warranty
C. Is by deed
D. Is implied
E. Is made express

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  • 6 Marks

BL – May 2024 – L1 – SB – Q3b – Law of Contract

State and explain four rules that govern consideration in contracts.

Consideration is an element of a contract.
Required:
State FOUR rules that govern consideration. (6 Marks)

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  • 6 Marks

BL – May 2024 – L1 – SB – Q3b – Law of Contract

State and explain four rules that govern consideration in contracts.

Consideration is an element of a contract.
Required:
State FOUR rules that govern consideration. (6 Marks)

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  • 1 Marks

BL – May 2015 – L1 – SA – Q18 – Law of Contract

Identify the consideration in a contract of insurance.

The consideration in a contract of insurance is
A. Subrogation
B. Premium
C. Assignment
D. Policy
E. Money

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  • 1 Marks

BL – May 2015 – L1 – SA – Q18 – Law of Contract

Identify the consideration in a contract of insurance.

The consideration in a contract of insurance is
A. Subrogation
B. Premium
C. Assignment
D. Policy
E. Money

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  • 5 Marks

BCL – Nov 2020 – L1 – Q5c – Contract Law

Explain whether consideration is always a requirement for a contract to be valid.

Explain whether consideration is always a requirement for a contract to be valid. (5 marks)

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  • 5 Marks

BCL – Nov 2020 – L1 – Q5c – Contract Law

Explain whether consideration is always a requirement for a contract to be valid.

Explain whether consideration is always a requirement for a contract to be valid. (5 marks)

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  • 8 Marks

BCL – May 2017 – L1 – Q4b – Contract Law

Discuss the legality of withdrawing a promise to keep an offer open for a specified period under Ghanaian law.

b) ‘A promise to keep an offer open for a specified period can be withdrawn by the promisor before the expiration of the period’

Required: Explain whether this is a true position of the law in Ghana now. (8 marks)

 

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  • 8 Marks

BCL – May 2017 – L1 – Q4b – Contract Law

Discuss the legality of withdrawing a promise to keep an offer open for a specified period under Ghanaian law.

b) ‘A promise to keep an offer open for a specified period can be withdrawn by the promisor before the expiration of the period’

Required: Explain whether this is a true position of the law in Ghana now. (8 marks)

 

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  • 20 Marks

BCL – May 2017 – L1 – Q2 – Contract Law

Evaluate the likelihood of success for legal actions based on an advertisement offering a reward for product effectiveness.

On 20 November 2015, the ‘Daily Graphic Newspaper’ advertised a promotion sale for Dabenda Company Limited stating that the Company’s “Miracle Balm” was capable of treating boils and foot-rot and that whoever bought the product and used it per the prescription without the boils and foot-rot disappearing would be entitled to GH¢200.00. Pursuant to that promise, the Company gave a standing order to its bankers on that pledge. The promotion sale was due to end on 19 November 2016.

Madam Akua Mansah heard of the advertisement and bought one of the balms. She used it according to the prescription and also applied some of the cream to her 14-year-old daughter who had similar problems but their boils and foot-rot still persisted. She intends to sue the Company.

Required:

i) Explain whether Madam Akua Mansah is likely to succeed with her intended action. (10 marks)

ii) Madam Akua Mansah’s daughter also intends to take action against the company. Explain her chances, if any. (10 marks)

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  • 20 Marks

BCL – May 2017 – L1 – Q2 – Contract Law

Evaluate the likelihood of success for legal actions based on an advertisement offering a reward for product effectiveness.

On 20 November 2015, the ‘Daily Graphic Newspaper’ advertised a promotion sale for Dabenda Company Limited stating that the Company’s “Miracle Balm” was capable of treating boils and foot-rot and that whoever bought the product and used it per the prescription without the boils and foot-rot disappearing would be entitled to GH¢200.00. Pursuant to that promise, the Company gave a standing order to its bankers on that pledge. The promotion sale was due to end on 19 November 2016.

Madam Akua Mansah heard of the advertisement and bought one of the balms. She used it according to the prescription and also applied some of the cream to her 14-year-old daughter who had similar problems but their boils and foot-rot still persisted. She intends to sue the Company.

Required:

i) Explain whether Madam Akua Mansah is likely to succeed with her intended action. (10 marks)

ii) Madam Akua Mansah’s daughter also intends to take action against the company. Explain her chances, if any. (10 marks)

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  • 10 Marks

BCL – May 2016 – L1 – Q3b – Contract Law

Explain five rules that relate to consideration in the Law of Contract.

Explain FIVE rules that relate to consideration in the Law of Contract. (10 marks)

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  • 10 Marks

BCL – May 2016 – L1 – Q3b – Contract Law

Explain five rules that relate to consideration in the Law of Contract.

Explain FIVE rules that relate to consideration in the Law of Contract. (10 marks)

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  • 4 Marks

BCL – Nov 2016 – L1 – Q3a – Contract Law

List the modifications made to the doctrine of consideration by the Contracts Act, 1960 (Act 25).

The Contracts Act, 1960, Act 25, has modified the common law doctrine of consideration. List FOUR of the modifications.

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  • 4 Marks

BCL – Nov 2016 – L1 – Q3a – Contract Law

List the modifications made to the doctrine of consideration by the Contracts Act, 1960 (Act 25).

The Contracts Act, 1960, Act 25, has modified the common law doctrine of consideration. List FOUR of the modifications.

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  • 4 Marks

BCL – Nov 2017 – L1 – Q5b – Contract Law

Analyze the enforceability of a promise made after a service has been rendered.

b) Akosua returned from work to find that a young adult in the neighbor’s home had pruned all the hedges of her home. Akosua, pleased with what the young adult had done, promised a reward of GH¢100.00. After two weeks, when the reward was not forthcoming, the young adult approached Akosua with a stern warning to enforce the promise.

Required:
Explain the chances of the young adult if he intends to seek redress in court. (4 marks)

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  • 4 Marks

BCL – Nov 2017 – L1 – Q5b – Contract Law

Analyze the enforceability of a promise made after a service has been rendered.

b) Akosua returned from work to find that a young adult in the neighbor’s home had pruned all the hedges of her home. Akosua, pleased with what the young adult had done, promised a reward of GH¢100.00. After two weeks, when the reward was not forthcoming, the young adult approached Akosua with a stern warning to enforce the promise.

Required:
Explain the chances of the young adult if he intends to seek redress in court. (4 marks)

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