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ACCA F4 Chapter 4 Contract Law part 6

VIVA

View ACCA F4 lectures Download F4 notes


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Comments

  1. kmlynarska says

    May 1, 2016 at 1:25 pm

    I’d never think that studying law could be that entertaining. MIke is awesome. I don’t remember any of my past tutors to be able to attract students attention that much, well done Mike 😉

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  2. Sakina says

    December 3, 2014 at 2:01 pm

    sir, lampleigh v baithwait can also be defined as a past consideration ryt?
    since already the job was done by him before.. so he cant compensate or claim.. cause he is out of jail now?

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    • MikeLittle says

      December 3, 2014 at 2:07 pm

      Yes, but the Court said that there was an implied promise to pay a reasonable sum when he originally asked his friend to ride to London. All the Court had to do was determine what amounted to a reasonable sum

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    • MikeLittle says

      December 3, 2014 at 2:09 pm

      Here’s what I found after a very quick look on google: “Lampleigh v Braithwait [1615] EWHC KB J 17

      Facts:
      D killed someone. Required P to get pardon for him. D promised to pay him 100 after it was done

      Ratio:
      A request with the implication of payment (a request you would expect to get paid) the court will link the subsequent promise to pay to the previous request – meaning one can recover on the promise

      Comments:
      Assumpsit: A promise or undertaking, founded on a consideration. This promise may be oral or in writing not under seal. It may be express or implied”

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  3. Yosef says

    November 24, 2014 at 7:27 pm

    Great Lesson! Suberb

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  4. vida says

    November 5, 2014 at 8:15 am

    since private companies can be limited by share, and their shares cannot be offered to the public,is there a minimum as to the number of shares they can have?

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    • MikeLittle says

      November 24, 2014 at 9:15 pm

      Yes, the minimum number of shares for a private company limited by shares is one (1)

      And if it’s a private company limited by guarantee, it doesn’t need any share capital at all

      Ok?

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  5. richa says

    October 19, 2013 at 11:01 am

    hello sir, fantastic lecture!
    with reference to the case Lampleigh and Bralthwalth (if I m not spelling it wrong) is the contract enforceable
    since in the previous lecture u told us offer must be certain but in this case the offer to compensate is uncertain without any amount

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    • MikeLittle says

      October 19, 2013 at 2:00 pm

      Hi Rich

      In Lampleigh v Braithwait, the judge interpreted the oral agreement as including a presumption that the survivor would pay “a reasonable amount” and then the judge decided on how much was reasonable. Whether that would be found the same nowadays (mind you, how many people nowadays face hanging – or worse still, being sent to Australia?) remains to be seen. Don’t forget that the Lampleigh case was a few hundred years ago!

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      • richa says

        October 28, 2013 at 4:09 am

        thank you 🙂

  6. sdmaalex says

    October 6, 2013 at 2:30 am

    Thanks alot for the amazing lectures.

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  7. ebenzenblue says

    September 25, 2013 at 11:11 am

    Sir, Under the privity of contract, assuming a i have company and i employed a debt recovery consultant to act on my behave on all long outstanding debts from my customers. Can this agency sue my debtors on my behave which is against the privity of contract as stated in the lecture???

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    • MikeLittle says

      September 25, 2013 at 2:59 pm

      Could a solicitor? Could an employee?

      Ok, so what do you think about a debt recovery person acting on your behalf?

      Need any further comment?

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  8. nzeadall says

    March 9, 2013 at 9:47 am

    With reference to case Chappel V Neslte, we understand that Nesle won the case because it was able to proove that the Wrappers were of some value (specially in the increasing of chocolate sales), however did they have to pay the 6.25% to Chappel as stipulated in section 8 of the copyright act? thank you

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    • MikeLittle says

      September 25, 2013 at 3:03 pm

      I have not the faintest idea! Maybe you could research this point and post your findings for the benefit of everyone!

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  9. adejumolu says

    December 21, 2012 at 2:34 pm

    Interesting!!! No dull Moment

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  10. shans says

    September 21, 2012 at 12:16 am

    I enjoy these lectures. He really knows his stuff and how to bring them across. Thank You!!!!!!!!!

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  11. opsy4ril says

    May 2, 2012 at 2:04 pm

    Every time I listen to f4 paper lectures, It reminds me of peter- the lecturer. you’re a genuine blessing for all f4-student. He makes me fall in love with the subject even more.

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    • MikeLittle says

      May 2, 2012 at 3:52 pm

      @opsy4ril, Hi, Who’s this Peter? I’m glad that you are reminded of him, but I can’t for the life of me think why you should be.

      🙂

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      • kart0205 says

        May 8, 2012 at 2:30 pm

        @MikeLittle, hahaha! take no offence mike the law is so voluminous we remember” gun-things”, “ross and carol”, “boots, bells, balls and birds” hardly enough capacity to remember Mike Little…….

      • chamaandrew says

        September 3, 2012 at 6:54 am

        @kart0205, what now

      • MikeLittle says

        September 3, 2012 at 11:05 am

        @chamaandrew, “What now”? What now?

  12. agnescu says

    April 28, 2012 at 12:29 am

    I just love the lecturer keep listening to him all evening 🙂

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  13. riannaramrick says

    March 31, 2012 at 10:50 pm

    nice and fun lecture …

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  14. bibmb25 says

    February 1, 2012 at 9:32 pm

    Thanks opentuition!!!!! The lecturer makes the paper very interesting. Give you hope to pass to say the least

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  15. leonnathan says

    October 19, 2011 at 2:13 am

    great, just great this man knows his stuff

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  16. Queenie says

    September 19, 2011 at 9:33 pm

    *Lecturer

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  17. Queenie says

    September 19, 2011 at 9:30 pm

    Fantastic Lecture. Makes his lesson interesting and funny which helps you to learn and remember things such as cases! Thank you OT. X

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