Contract Law Flashcards
Is a contract for services specifically enforceable?
No. A contract for services is not specifically enforceable as you cannot compel somebody to work for you.
Can you reinstate an original performance date in a contract after you have given a waiver for a contract date?
Yes, you can but not if it is too close to the date as this would be considered unreasonable.
Can giving up a right to litigate the dispute constitute sufficient consideration to support modification of a contract (eg. increasing the cost)?
Yes.
What does the Sale of Goods Act 1979 imply in relation to the goods?
The goods must be of satisfactory quality.
What type of term is the term from the Sales of Goods Act 1979 that says that the goods sold must be of satisfactory quality.
It is a condition and therefore the remedies are to terminate the contract and reject the goods and/or sue for damages.
Is the acquisition by a third party of rights to goods that are the subject matter of the contract a bar to recission of a contract?
Yes. The acquisition by a third party of rights to goods that are the subject matter of the contract is a bar to recission of a contract
Is part payment of a debt by a third party good consideration for the promise to forego the balance?
Yes. Payment of a debt by a third party is good consideration for the promise to forego the balance.