• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar
Free ACCA & CIMA online courses from OpenTuition

Free ACCA & CIMA online courses from OpenTuition

Free Notes, Lectures, Tests and Forums for ACCA and CIMA exams

  • ACCA
  • CIMA
  • FIA
  • OBU
  • Books
  • Forums
  • Ask AI
  • Search
  • Register
  • Login
  • ACCA Forums
  • Ask ACCA Tutor
  • FIA Forums
  • CIMA Forums
  • OBU Forums
  • Qualified Members forum
  • Buy/Sell Books
  • All Forums
  • Latest Topics

20% off ACCA & CIMA Books

OpenTuition recommends the new interactive BPP books for March 2025 exams.
Get your discount code >>

Onerous contract

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA AFM Exams › Onerous contract

  • This topic has 3 replies, 2 voices, and was last updated 4 years ago by John Moffat.
Viewing 4 posts - 1 through 4 (of 4 total)
  • Author
    Posts
  • January 26, 2021 at 1:28 pm #608099
    Noah098
    Member
    • Topics: 935
    • Replies: 352
    • ☆☆☆☆☆

    sir how can a tenant have an onerous rental contract?

    January 26, 2021 at 2:02 pm #608111
    John Moffat
    Keymaster
    • Topics: 57
    • Replies: 54806
    • ☆☆☆☆☆

    Any conditions in the contract might prove onerous.

    For instance, the contract may forbid certain types of working to be carried out in the building. If the tenant is a company and wants to carry out the kind of working forbidden, then this will be onerous for them.

    January 26, 2021 at 5:04 pm #608137
    Noah098
    Member
    • Topics: 935
    • Replies: 352
    • ☆☆☆☆☆

    i totally get you sir. But somehow am a little flustered still. I don’t if its because i encountered this thing sometime in some past paper or what, but i have always thought of onerous contract as a loss making contract. So, is this anyway different from that? Or that my earlier belief was only wrong?

    January 27, 2021 at 9:15 am #608200
    John Moffat
    Keymaster
    • Topics: 57
    • Replies: 54806
    • ☆☆☆☆☆

    Onerous means troublesome. That does not mean loss-making – all sorts of conditions in the contract could be troublesome without necessarily resulting in losing money.

  • Author
    Posts
Viewing 4 posts - 1 through 4 (of 4 total)
  • You must be logged in to reply to this topic.
Log In

Primary Sidebar

Donate
If you have benefited from our materials, please donate

ACCA News:

ACCA My Exam Performance for non-variant

Applied Skills exams is available NOW

ACCA Options:  “Read the Mind of the Marker” articles

Subscribe to ACCA’s Student Accountant Direct

ACCA CBE 2025 Exams

How was your exam, and what was the exam result?

BT CBE exam was.. | MA CBE exam was..
FA CBE exam was.. | LW CBE exam was..

Donate

If you have benefited from OpenTuition please donate.

PQ Magazine

Latest Comments

  • ZohrabAlimanov313 on The Statement of Financial Position and Income Statement (part b) – ACCA (FA) lectures
  • ZohrabAlimanov313 on The Statement of Financial Position and Income Statement (part a) – ACCA Financial Accounting (FA) lectures
  • ZohrabAlimanov313 on Introduction to Financial Accounting – ACCA Financial Accounting (FA) lectures
  • Gojo on The Statement of Financial Position and Income Statement (part a) – ACCA Financial Accounting (FA) lectures
  • John Moffat on Introduction to Financial Accounting – ACCA Financial Accounting (FA) lectures

Copyright © 2025 · Support · Contact · Advertising · OpenLicense · About · Sitemap · Comments · Log in