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contract

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA LW Exams › contract

  • This topic has 1 reply, 2 voices, and was last updated 8 years ago by AvatarMikeLittle.
Viewing 2 posts - 1 through 2 (of 2 total)
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  • June 1, 2017 at 4:47 pm #389505
    Avataradarsh1997
    Participant
    • Topics: 646
    • Replies: 282
    • ☆☆☆☆

    Hi Mike!

    Could you please explain, what does “transaction biding in honour only” mean?

    June 1, 2017 at 5:39 pm #389543
    AvatarMikeLittle
    Keymaster
    • Topics: 27
    • Replies: 23368
    • ☆☆☆☆☆

    It means that the contract is not enforceable – the only pressure that you could bring to bear on the other party is to exclaim astonishment that they have decided to break their promise and not honour their side of the contract

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  • The topic ‘contract’ is closed to new replies.

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