If a party is to 'repudiate' a contract, what does this mean?
Which of the following will you put into box 1?
Which of the following would constitute an offer? Select TWO:
Which of the following would not be considered acceptance of a contract term?
What is a boilerplate clause?
Penguin Ltd has a contract with Blue Company. Blue Company has just broken a warranty in the contract. What remedies does Penguin Ltd have available?
What is the purpose of a limitation on liability clause?
Robert has a contract with Farmer Ted who provides his manufacturing firm with potatoes. There is a contract in place, signed by both parties that Ted will deliver 2 tonnes of potatoes per week. Due to changes in demand, Robert would like Ted to start providing 3 tonnes of potatoes every three weeks. What must be in place for this change to occur?
Which of the following will you put into box 8?
Which of the following are advantages to seeking a solution to conflict via litigation?
Which of the following situations would be considered a minor breach of a contract? Select TWO:
Which of the following will you put into box 6?
When there has been a major breach in a contract, the contract will be terminated. Is this statement true?
Tyrone Enterprises has just come out of a meeting with one of its suppliers Bob. The meeting has not gone well and the contract has become frustrated. What does this mean?
Verity Fashion is a clothing manufacturer and has an order to create 10,000 pairs of flipflops for a retailer for the summer. The order was placed over the phone in February. The order has been completed and has been boxed up ready for delivery. The retailer calls Verity Fashion in June and says that the order is no longer required. What action can Verity Fashion take?
Lisa has a contract with an internet provider and the contract stated the need for Wi-Fi to be online 100% of the time. The Wi-Fi has only been available 97% of the time. In order for Lisa to claim compensation from her internet provider, which of the following would need to be present in the contract?
When considering consequential loss, can a cap be placed on the amount claimed?
Which of the following statements about 'Specific Performance' are TRUE? Select TWO.