问答题

In relation to the law of contract, explain each of the following: (b) the test for remoteness of damage. (6 marks)

【参考答案】

C:\Documents and Settings\Administrator\My Documents\图片\13.j......

(↓↓↓ 点击下方‘点击查看答案’看完整答案 ↓↓↓)

<上一题目录下一题>

热门试题

问答题

Carol worked for Win Pte Ltd (‘Win’) for 20 years. She was personal assistant to Jack, the chief executive officer and chairman of Win. Over the years, Jack rewarded her with small numbers of shares in Win. To date, Carol owns 2% of the shares in Win. Jack recently hired Jill as the company’s information technology (IT) manager. Jill could not get along with Carol. Jack took Jill’s side and asked Carol to resign from the company. Carol knew that Jack had made some mistakes in the past. First, he hastily purchased a new IT system without evaluating what other systems there were in the market and the new IT system turned out to be an expensive failed experiment. Second, he did not attempt to recover a substantial amount of debts owed by Win’s customers. After Carol resigned, she wrote a letter to the board of directors of Win to ask them to sue Jack to recover the losses he caused Win to incur. The board of directors ignored her letter.Required:In relation to the law on minority protection, discuss the option available to Carol under the Companies Act (Cap 50), which allows her to bring an action against Jack in Win’s name.Note: Please omit any discussion of breach of directors’ duties. (10 marks)

问答题

John wishes to sell his car. On 1 February 2011, he placed an advertisement in the Straits Times which provided details of the car, including its age, colour, model and condition. In addition, he also wrote, ‘Car will be sold to the first buyer who offers me $45,000. Sale price is valid for two weeks only. Tel: 67909999.’On 5 February 2011, John received a telephone call from Mary, who inquired about the car. She was responding to the advertisement in the Straits Times and she asked what was the highest offer he had received for the car. John replied that he had received an offer of $40,000 but would not sell it for anything less than $43,500. Mary made an appointment to inspect the car.After spending some time considering the price and value of John’s car, Mary decided that she would buy John’s car at his asking price of $43,500. On 12 February, she called John to let him know of her decision but this time he was not in. She left the following voicemail message for him, ‘John, I have thought it through and I am agreeable to your offer price of $43,500. Please call me back at my handphone 98909900 to make arrangements for the payment and transfer of the car.’John has now changed his mind about selling the car.Required:Advise Mary whether there is a binding contract for John to sell the car to Mary at $43,500. (10 marks)

相关试题