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Effects or Consequences of Illegality
Misdemeanour Or Illegality renders a contract unenforceable. However the contract creates no rights and imposes no obligations at the parties. But, is because the contract is beyond the pale of law consequently neither party has a legal remedy. Thus as a general rule money or goods changing lands under an illegal contract are irrecoverable. Means gains and losses remain whenever they have fallen. Hence a court of law cannot assist parties for adjust their rights whether the contract is tainted with illegality. Conversely money or goods changing hands under an illegal contract possibly will be recoverable when
Question 6 Indicate any amounts from these transactions that is assessable income for the 2016/17 tax year. (a) Frida is a resident taxpayer employed by Sharpe Office Supplies. Sh
QUESTION 1 Arbitration is an overriding condition in all business contracts. Without a clause for arbitration business relationship is bound to suffer. Critically examine this
Exceptions for Nemo Dat Quod Non Habet However the "nemo dat" rule is subject for the following exceptions such are provided by the Act: like; (a) Estoppel With S.23
Directors to perform the duties: Therefore it cannot be that the auditors are to be at the expense and trouble not merely of sending their report through the post but of deli
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Powers: The ultra vires doctrine limits a company's powers to the attainment of the company's objects under its memorandum of association. Partnerships are not affected by t
Question 1 What are the rights and duties of an agent? Question 2 (a) What is the significance of the passing of property i) where the contract is an agreement to se
Fran is a 68 year old female patient with a history of diabetes. Fran separated from her husband, Derek, 3 years ago (although they are not divorced) and over the past few years t
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