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Contract law

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA LW Exams › Contract law

  • This topic has 3 replies, 2 voices, and was last updated 5 months ago by MikeLittle.
Viewing 4 posts - 1 through 4 (of 4 total)
  • Author
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  • January 3, 2022 at 2:18 pm #645228
    tushargujral
    • Topics: 63
    • Replies: 93
    • ☆☆

    Sir can you tell exactly what this question is asking

    What does an agreement to carry out an act which the law requires anyway amount to?
    A Sufficient consideration
    B Insufficient consideration
    C Past consideration

    According to what i have understood it should be A but answer is B

    Can you elaborate more on this

    January 13, 2022 at 11:29 am #645853
    MikeLittle
    Keymaster
    • Topics: 26
    • Replies: 22561
    • ☆☆☆☆☆

    If the law already requires you to do something, how can the action of you obeying the law be construed as you giving something of value to support a separate contract?

    If you’re already required to do it, what ‘extra’ are you doing by way of separate consideration for a separate contract?

    OK?

    January 14, 2022 at 6:09 am #645968
    tushargujral
    • Topics: 63
    • Replies: 93
    • ☆☆

    Okay sir i get it now thanks

    January 14, 2022 at 7:06 am #645971
    MikeLittle
    Keymaster
    • Topics: 26
    • Replies: 22561
    • ☆☆☆☆☆

    You’re welcome

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