7/28/2019 Guidelines for Outcomes 1a, 1b, 1c & 1d

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FO3 ITCC

TASK

1 (a) Explain the different types of business

agreement and the importance of the key elements

required for the formation of a valid contract.

Part 1:

Explain Contract

1.1DEFINE A CONTRACT1.2GIVE EXAMPLES FOR DIFFERENT TYPES OF

CONTRACTS

1.3EXPLAIN WHEN DO YOU ENTER INTO ACONTRACT WITH SOMEONE?

Part 2:

Explain the different types of Business Agreement

2.1 AGREEMENT AS AN ESSENTIAL ELEMENT IN

FORMATION OF A CONTRACT

2.2 GIVE EXAMPLES OF DIFFERENT TYPES OF

BUSINESS AGREEMENT

Part 3:

Explain the importance for the key elementsrequired for the formation for a valid contract

3.1 WHAT ARE THE ESSENTIAL KEY ELEMENTS TO

FORM A CONTRACT?

3.2 EFFECT OF CONTRACT IF KEY ELEMENTS ARE

ABSENT?

3.3 EFFECT ON AFFECTED PARTIES

3.4. CONCLUSION

CLAIM 1:

1 (b) YOU ARE REQUIRED TO ANALYSE THE

SCENARIO FROM THE PERSPECTIVE OF THE LAW OF

CONTRACT. APPLY THE RULES OF OFFER AND

ACCEPTANCE IN A GIVEN SCENARIO ALSO

CONSIDERING ANY IMPACT OF NEW TECHNOLOGY

Part 1:

1.1ISSUES do it on your own

1.2ONLINE TRANSACTION what are the principles governing the formation of

written and oral contracts concluded through internet?(Use Electronic Transaction Act. Cap 88 s.11 to justify).

- Give case example: Chwee Kin Keong v Digilandmall. PteLtd.

- Is case scenario a type of invitation to treat? (UseElectronic Transaction Act. Cap 88, s.14 Invitation to

make offer to confirm).

- Use s.16 part 2a under Error in electroniccommunications to explain why contract has become

binding (i.e. has not used or received any material

benefit or value from the goods or services, if any,

received from the other party).

Part 2:

2.1 ISSUE (MATTERS THAT ARE IN DISPUTES)- whether there is a breach of contract for not delivering

the 1,000 sets of hand phones to M5.

2.2 DEFENCE AGAINST WINSLOW explain vitiated mistakes shared by both parties i.e.

common mistakes

identify and define the type of mistake between M5 and

Mr. Winslow

apply rule

give case example

analyze case

form conclusion (need to draw assumption from analysis)

Part 3:

3.1 ISSUE (MATTERS THAT ARE IN DISPUTES)- whether there is a breach of contract for not delivering

the set of hand phone to Charlene, the university

student

3.2 DEFENCE AGAINST CHARLENE is M5 defense weaker than Mr. Winslow?

analyze case: could M5 prove that Charlene concluded

the contract is under a unilateral mistake in order to make

their contract void? form conclusion (need to draw assumption from analysis)

Part 4:4.1WAY OF STRUCTURING ITS MODE OF ONLINE

TRANSACTION IN PREVENTING A SIMILAR

INCIDENT FROM HAPPENING AGAIN IN THE

FUTUREdefine counter offer apply counter offer in M5s statement of reply

form conclusion on how counter offer could help M5 notto bind itself until a firm offer is accepted by them,otherwise there is no contract.

7/28/2019 Guidelines for Outcomes 1a, 1b, 1c & 1d

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FO3 ITCC

Claim 2:

1 (c) Assess the importance of the rules of intention

and consideration of the parties to the agreementPart 1:1.1 Explain intention and its Importance of the rule

Part 2:

2.1 Explain consideration & its importance of the

rule

Part 3:

3.1 ISSUE (MATTERS THAT ARE IN DISPUTES) do it on your own

3.2 LEGAL INTENTION TO TRANSFER PROPERTY TOWIFE In Winslows case, was there an intention to create legal

relation for domestic agreement by both parties

(husband and wife) from legals perspective?

give case example. may court impute an intention to create legal relations

for spouses relating to property maters? Give case

example.

3.3 CONCLUSION draw assumptions from analysis

Part 4:

4.1 ISSUES (MATTERS THAT ARE IN DISPUTES) do it on your own

4.2 LEGAL INTENTION FOR A ROOM RENTAL

CONTRACT was there an intention to create legal relation by both

parties (landlord and tenant) for a commercial

agreement from legals perspective? Give case example.

4.3EXPLAIN & APPLY CONSIDERATION TO CASE4.4REFUSAL TO REDUCE RENT

identify the type of consideration

apply rule

give case example

form conclusion

Part 5:

5.1 ISSUE do it on your own

5.2 SEEKING TO INCREASE RENT discuss the terms in existing contract

discuss and apply unsupported fresh consideration rule

discuss and apply mirror image rule

form conclusion (need to draw assumption from

analysis).

Claim 3:

1 (d) Explain the importance of the contracting

parties having the appropriate legal capacity to

enter into a binding agreementPart 1:1.1 EXPLAIN THE DIFFERENT GROUPS OF

CONTRACTS BETWEEN A MINOR AND ANOTHER

PARTY

Part 2:2.1ISSUES

do it on your own for three cases (betting, shares andfake gold chain contracts).

2.2BETTING CONTRACT provide analysis & identify contract group

apply relevant rules

give case examples form conclusion

2.3SHARES CONTRACT provide analysis & identify the type of contract Between

Benny and stockbroker

apply relevant rules

give case examples

form conclusion (need to draw assumption fromanalysis).

2.4FAKE GOLD CHAIN CONTRACT discuss caveat emptor

apply rule

comment on fraudulent representation made by Benny.

Advice the action and remedy Thomas could take and

have.

-form conclusion (need to draw assumption from analysis)