Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA LW Exams › Privity of Contract _ LW ENG
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- December 2, 2018 at 6:36 am #486739
Hi. Why is over and above the legal/natural duties considered to be exempt from privity of contract? Sorry I still cannot understand the concept of privity of contract.
I am still under this topic with OPentuition and have no previous knowledge on LW ENG, can I buy the revision kit as early as now? I have no schedule yet in taking LW ENG since our local CBE has no schedule yet for next year.
December 2, 2018 at 8:24 am #486740Cindy, you have me confused! Where have you read / heard that ‘acts over and above …’ are exemptions from the doctrine of privity of contract?
Such ‘acts that are over and above a legal, contractual or natural duty already owed’ are examples of ‘sufficient to merit the title of “consideration” ‘…
… but, to the best of my knowledge, they are not illustrative of exemptions from the doctrine of privity
Better?
You ask “can I buy the revision kit as early as now?”
You most certainly can and, once you have it in your possession, open it and start practicing … even before you have finished reading your study text
You need to spend 70% – 80% of your study time in that revision kit
(5% – 10% in a study text and 10% – 25% in the opentuition resources (lectures and course notes))
And, of course, post again in this forum and I shall get back to you
OK?
December 2, 2018 at 9:45 am #486752oh im so sorry. I really cannot understand. I think I have to go back to the lecture again.
December 2, 2018 at 9:36 pm #486844No problem – let me know what you decide
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