Podcast
Questions and Answers
What was the court's consideration in determining the enforceability of a contract involving goods acquired in a prohibited manner?
What was the court's consideration in determining the enforceability of a contract involving goods acquired in a prohibited manner?
- Public policy (correct)
- Economic impact
- Legal precedent
- Historical context
In the case of Yango Pastoral Co. Pty Ltd v. First Chicago Australia Ltd, what influenced the court's decision to enforce the contract?
In the case of Yango Pastoral Co. Pty Ltd v. First Chicago Australia Ltd, what influenced the court's decision to enforce the contract?
- The contract value
- Vendor's title to the timber logs (correct)
- The number of parties involved
- The location of the goods
What are the pre-conditions for establishing a contract between a principal and a third party in case of an undisclosed principal?
What are the pre-conditions for establishing a contract between a principal and a third party in case of an undisclosed principal?
- Agent must not give the impression of acting on his own behalf (correct)
- Third party must be aware of the agent's identity
- Identity of the principal must not be crucial
- Agent must be acting against the principal's wishes
When does the doctrine of undisclosed principal apply in relation to agency contracts?
When does the doctrine of undisclosed principal apply in relation to agency contracts?
What is required for an express appointment to create an agency relationship?
What is required for an express appointment to create an agency relationship?
In what circumstances would a court consider a contract void and unenforceable?
In what circumstances would a court consider a contract void and unenforceable?
What is the time limit for ratification of a pre-incorporation contract where no time is specified?
What is the time limit for ratification of a pre-incorporation contract where no time is specified?
In relation to express ratification, what is the principal entitled to?
In relation to express ratification, what is the principal entitled to?
In New Ireland Development Corporation Ltd v Arrow Trading Ltd, what did Lay, J state about ratification of unauthorized acts by an agent?
In New Ireland Development Corporation Ltd v Arrow Trading Ltd, what did Lay, J state about ratification of unauthorized acts by an agent?
According to the law, can a principal ratify only part of a contract that benefits them?
According to the law, can a principal ratify only part of a contract that benefits them?
In which case was it mentioned that the plaintiff wanted to approbate and reprobate at their convenience?
In which case was it mentioned that the plaintiff wanted to approbate and reprobate at their convenience?
What is essential according to Lay, J for a principal to render any ratification liable?
What is essential according to Lay, J for a principal to render any ratification liable?
Which legal principle prohibits taking advantage of only the beneficial parts of an agreement?
Which legal principle prohibits taking advantage of only the beneficial parts of an agreement?
In the context of the text, which case involved the capacity of a married woman to enter into a contract?
In the context of the text, which case involved the capacity of a married woman to enter into a contract?
Maurice A Laufa's statement about the applicability of a legal principle to parts of a term rather than just the whole refers to which concept?
Maurice A Laufa's statement about the applicability of a legal principle to parts of a term rather than just the whole refers to which concept?
Which case mentioned in the text relates to the formation of an agency by express appointment?
Which case mentioned in the text relates to the formation of an agency by express appointment?
Which legal concept restricts married women from anticipating their future property and interests?
Which legal concept restricts married women from anticipating their future property and interests?
Which case mentioned in the text is associated with the status and implications of statutory corporations?
Which case mentioned in the text is associated with the status and implications of statutory corporations?
