Question 1

Where one party is prevented from performing,the other party may regard the contract as at an end.

Accepted Answer

A) True 
 B)False

Question 2

The benefit of frustration is available in which of the following cases?

Accepted Answer

A) Where one of the parties is subject to financial hardship which makes completion of the contract difficult. 
B) Where the cost of completing the contract becomes too high. 
C) Where it is inconvenient to complete the contract. 
D) Where an unforseen event outside the control of the parties significantly changes their obligations and neither party was at fault. 
A) Where one of the parties is subject to financial hardship which makes completion of the contract difficult. 
B) Where the cost of completing the contract becomes too high. 
C) Where it is inconvenient to complete the contract. 
D) Where an unforseen event outside the control of the parties significantly changes their obligations and neither party was at fault.

Question 3

Which of the following involves the discharge of a contract by agreement?

Accepted Answer

A) One of the parties becomes bankrupt. 
B) Each party discharges the obligation of the other to perform the contract. 
C) One of the parties fails to carry out their obligation completely,and the other party accepts this. 
D) Performance of the contract becomes impossible due to the occurrence of an unforeseen event. 
A) One of the parties becomes bankrupt. 
B) Each party discharges the obligation of the other to perform the contract. 
C) One of the parties fails to carry out their obligation completely,and the other party accepts this. 
D) Performance of the contract becomes impossible due to the occurrence of an unforeseen event.

Question 4

Describe the quantum meruit rule and when it arises.

Accepted Answer

The quantum meruit rule only arises in c

Question 5

Provide some case law examples that illustrate how the doctrine of frustration has evolved over the years.

Accepted Answer

One example of how the doctrine of frust

Where one party is prevented from performing,the other party may regard the contract as at an end.

The benefit of frustration is available in which of the following cases?

Which of the following involves the discharge of a contract by agreement?

Describe the quantum meruit rule and when it arises.

Provide some case law examples that illustrate how the doctrine of frustration has evolved over the years.

Legal Foundations

Legal Systems

How Law Is Made: Precedentstatute Law

Civil Liability: the Law of Torts and Negligence

Applications of Negligence to Business

Introduction to Contracts

Agreement Between the Parties

Intention to Create Legal Relations

Consideration

Capacity of the Parties

Genuine Consent

Is the Contract Legal

Terms of the Contract

Remedies in Contract

Statutory Consumer Guarantees and the Australian Consumer Law

General and Specific Consumer Protections Under the Acl

Introduction to Companies and Incorporated Associations

Agency

Partnerships

Choosing a Business Entity

Other Business-Related Torts

Insurance

Sale of Goodsbusiness to Business

Property and Mortgages

Intellectual Property

Ethics and Business Practice

Criminal Law in a Business Context

Competition Law

Insolvency and Debt Recovery

The Work Environment and the Employment Relationship

Filters

Exam 14: Rights and Liabilities of the Parties,discharge and Remedies

Where one party is prevented from performing,the other party may regard the contract as at an end.

The benefit of frustration is available in which of the following cases?

Which of the following involves the discharge of a contract by agreement?

Describe the quantum meruit rule and when it arises.

Provide some case law examples that illustrate how the doctrine of frustration has evolved over the years.

Legal Foundations

Legal Systems

How Law Is Made: Precedentstatute Law

Civil Liability: the Law of Torts and Negligence

Applications of Negligence to Business

Introduction to Contracts

Agreement Between the Parties

Intention to Create Legal Relations

Consideration

Capacity of the Parties

Genuine Consent

Is the Contract Legal

Terms of the Contract

Remedies in Contract

Statutory Consumer Guarantees and the Australian Consumer Law

General and Specific Consumer Protections Under the Acl

Introduction to Companies and Incorporated Associations

Agency

Partnerships

Choosing a Business Entity

Other Business-Related Torts

Insurance

Sale of Goodsbusiness to Business

Property and Mortgages

Intellectual Property

Ethics and Business Practice

Criminal Law in a Business Context

Competition Law

Insolvency and Debt Recovery

The Work Environment and the Employment Relationship

Filters