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Estate Agent's Examination Part 1&2

BOVAEP Diploma in Estate Agency (ECON)

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Estate Agent's Examination Part 1&2 > Archive for 1.2 Intro to Law (Page 3)

Category: 1.2 Intro to Law

Where arbitrability becomes a question

15/06/201607/11/2020 Thomas Sim E3009

Q. Is there any dispute over a contract that cannot be arbitrated? A. “English law has never arrived at a general theory for distinguishing those disputes which may be settled by Read More …

1.2 Intro to Law, Arbitration1.2

Contingent Contract collateral event

11/06/201607/11/2020 Thomas Sim E3009

Q.(a) Ali promises to pay Babu a sum of money if he can grow his area sales by 20% this year. The contract may be enforced if the company can Read More …

1.2 Intro to Law1.2

Contingent Contract – Scenario 4

11/06/201607/11/2020 Thomas Sim E3009

Q. With example, illustrate the “agreement contingent on impossible events void”. A. See contingent contracts here and Scenario 1 here, Scenario 2 here, and Scenario 3 here, This is S.37 Agreement contingent Read More …

1.2 Intro to Law1.2

Contingent Contract – Scenario 3

11/06/201607/11/2020 Thomas Sim E3009

Q. Give an example of contingent contract in property transaction. What happens when the contingencies are not been realized by the expiry of the time period? A. See contingent contracts here and Read More …

1.2 Intro to Law1.2

Contingent Contract – Scenario 2

11/06/201607/11/2020 Thomas Sim E3009

Q. When a contingent contract is done between Ali and Abu on a deal of purchasing Abu’s house, Ali did not know Abu would get into trouble not able to Read More …

1.2 Intro to Law1.2

Contingent Contract – Scenario 1

11/06/201607/11/2020 Thomas Sim E3009

Q. In a Contingent Contract, what would happen if the event is impossible to be carried out? The scenario below is referred. Allan is a car salesman. Allan sold a Read More …

1.2 Intro to Law1.2

Contingent Contracts

11/06/201607/11/2020 Thomas Sim E3009

Q. What is a contingent contract? What has impossible event to do with contingent contract? A. See See contingent contracts here and Scenario 1, Scenario 2, Scenario 3, and Scenario 4. Part Read More …

1.2 Intro to Law1.2

Agent cannot personally enforce or bound by contract

05/06/201607/11/2020 Thomas Sim E3009

Q.In a process of transaction, buyer signed the contract with the principal without seeing the principal. He only saw the agent. Can he ask the agent to do the necessary Read More …

1.2 Intro to Law1.2

Agent not disclosed

05/06/201607/11/2020 Thomas Sim E3009

Q.In the real estate industry, there are many occasions that agents post themselves as owners of properties. If you happen to believe that is being true, and only found out Read More …

1.2 Intro to Law, 2.2 Estate Agency Law1.2, 2.2

Provision of CA50 on Estoppel

05/06/201607/11/2020 Thomas Sim E3009

Q.Principle of Estoppel is a common law. Is there a statute in such place? A.The Contracts Act 1950 under Part X – Agency has a provision on such matter. S.190 Read More …

1.2 Intro to Law1.2

Tort Crime Contributory Negligence & Absolute Liability

04/06/201607/11/2020 Thomas Sim E3009

Q. Distinguish (i) Tort, (ii) Crime, (iii) Contributory Negligence, and (iv) Absolute Liability. A. (i) Tort A tort, in common law jurisdictions, is a civil wrong[1] that unfairly causes someone Read More …

1.2 Intro to Law1.2

Agency appointment by Ratification vs Estoppel

03/06/201607/11/2020 Thomas Sim E3009

Q.The appointment of agent can be in more than expressed appointment, i.e. written or verbal. However, appointment of agent indirectly by ratification and estoppel is rather confusing. Can you differentiate Read More …

1.2 Intro to Law1.2

Discharge by performance

11/05/201607/11/2020 Thomas Sim E3009

Q. What do you understand by discharge of contract by performance? What if performance is by a representative? Or, it is not completed? Is it still performance? Or breach? Refer Read More …

1.2 Intro to Law1.2

Slander vs Libel

16/09/201507/11/2020 Thomas Sim E3009

Q.What are the differences between Slander and Libel? A.The below article is from Laws.com. What is the difference between libel and slander? Libel and slander are both forms of defamation. Read More …

1.2 Intro to Law1.2

Consent and Free Consent

12/08/201507/11/2020 Thomas Sim E3009

Q. What do you understand by “Consent” and “Free Consent” in accordance to Contracts Act 1950? A. “Consent” 13. Two or more persons are said to consent when they agree Read More …

1.2 Intro to Law1.2

Agent’s duties to Principal CA50

21/07/201507/11/2020 Thomas Sim E3009

Q. According to Contracts Act, 1950 what are the duties of Agent to Principal? A. Earlier answers were more of logical answers (and see here for Duties according to Common Read More …

1.2 Intro to Law1.2

Principal’s duties to Agent CA50

21/07/201507/11/2020 Thomas Sim E3009

Q. According to Contracts Act, 1950 list down the various duties of principal towards his agent. A. This part of the law is from Section 175 to 178 of Contracts Read More …

1.2 Intro to Law1.2

Actual v Apparent Authority

19/07/201507/11/2020 Thomas Sim E3009

Q. Distinguish actual authority from apparent or ostensible authority. A. 4 types of authorities of agent here. LawTeacher has a write up on this here. An agent is an individual Read More …

1.2 Intro to Law1.2

Communication of Revocation of Contract

18/07/201507/11/2020 Thomas Sim E3009

Q. Ali (seller) and Zamri (buyer) came to the conclusion of property transaction, with Zamri having to pay the RM5,000 within 7 days. Zamri eventually turn away from the deal. Read More …

1.2 Intro to Law1.2

Agency relationship and cases

13/07/201507/11/2020 Thomas Sim E3009

A quick summary is here. AGENT ACTING IN FRAUD OF PRINCIPAL; The fact that the agent acted in his own interests and in fraud of his principal will not relieve Read More …

1.2 Intro to Law1.2

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