CLL233
Question: A person may be sufficiently literate to sign his name, and\nread figures,but he may not be sufficiently literate to understand the meaning and effect of the document he is signing. This was held in the case of
Answer: None of the above
Question: The courts have stated that the contractual capacity begins at puberty. This was in the case of
Answer: Labinjo v. Abake
Question: Section Of the Companies Act 1968 provides that directors/managers of a company can enter into contracts on behalf of the company by word of mouth, in writing or under seal,\ndepending on the nature of the contract, just as in the case of natural persons
Answer: Section 32(1)
Question: In the case of , it was held that a local government services board, though unincorporated was capable of suing and be sued
Answer: Chief Andrew Thomas v. Local Government Services Board (1965)
Question: Section Of the English Sale
of Goods Act 1893 as amended provides that a drunken person is obliged to pay a reasonable price of such\ngoods sold and delivered and it would be applied in our courts even though such provision is\nnnt in our sale of goods law
Answer: None of the above
Question: A drunken person can plead that at the time of the contract they were incapable of understanding the transaction. This knowledge is however immaterial where the contract is made during a lucid interval, for the ability to consent is then present and the contract would be bindi j
Answer: Mandes v. Trimbom (1946)
Question: An agreement made subject to contract is not binding until that contract is made.
Answer: Yes, an agreement subject to contract is not binding until the contract is made
Question: An offer made by a seller to buyer is still valid when a counter offer made by the buyer
Answer: FALSE
Question: An agreement between husband and wife are mostly to be devoid of any\ncontractual intention. This is one of the principles in
Answer: Balfour v. Balfour (1919)
Question: Payment of a lesser sum (for a larger amount) on the date it is due does not discharge\nthe debtor’s obligation to pay the full amount. This principle was established in the case of
Answer: Pinnel’s Case
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