Explain the main characteristics of easements ANSWER There must be a dorminant and servient tenement. The easement must accommodate the dorminant tenement. The dorminant and servient tenements must be owned or occupied by different persons. The easement must be capable Open …
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What is meant by the expression “contractual capacity”? Illustrate your answer with use of appropriate examples
What is meant by the expression “contractual capacity”? Illustrate your answer with use of appropriate examples ANSWER This is the legal ability of a party to enter into a contractual relationship. Not every person has capacity to enter into any Open …
What is meant by the expression “contractual capacity”? Illustrate your answer with use of appropriate examples
What is meant by the expression “contractual capacity”? Illustrate your answer with use of appropriate examples ANSWER This is the legal ability of a party to enter into a contractual relationship. Not every person has capacity to enter into any Open …
Certain types of mistakes in the formation of a contract may affect the validity of a contract. Discuss this statement explaining the mistakes
Certain types of mistakes in the formation of a contract may affect the validity of a contract. Discuss this statement explaining the mistakes ANSWER Mistakes of fact which affect the validity of a contract are referred to as operative mistakes. Open …
Certain types of mistakes in the formation of a contract may affect the validity of a contract. Discuss this statement explaining the mistakes
Certain types of mistakes in the formation of a contract may affect the validity of a contract. Discuss this statement explaining the mistakes ANSWER Mistakes of fact which affect the validity of a contract are referred to as operative mistakes. Open …
State how the equitable principle of utmost good faith is manifested in the daily operations of a partnership
State how the equitable principle of utmost good faith is manifested in the daily operations of a partnership ANSWER A partner may not engage in a competing business without the consent of other partners. A partner who makes a secret Open …
State how the equitable principle of utmost good faith is manifested in the daily operations of a partnership
State how the equitable principle of utmost good faith is manifested in the daily operations of a partnership ANSWER A partner may not engage in a competing business without the consent of other partners. A partner who makes a secret Open …
Explain the ways in which a Partnership may be dissolved without a court order
Explain the ways in which a Partnership may be dissolved without a court order. ANSWER Performance of the undertaking. Completion of the undertaking Lapse of time-if the duration is fixed. At will: – a partner notifies the others of his Open …
Explain the ways in which a Partnership may be dissolved without a court order
Explain the ways in which a Partnership may be dissolved without a court order. ANSWER Performance of the undertaking. Completion of the undertaking Lapse of time-if the duration is fixed. At will: – a partner notifies the others of his Open …
One of the principal duties of an agent is expressed by the maxim “delegates non potest delegare.” State and identify five circumstances under which this rule or maxim does not apply.
One of the principal duties of an agent is expressed by the maxim “delegates non potest delegare.” State and identify five circumstances under which this rule or maxim does not apply. ANSWER This maxim literally means that “delegates must not Open …