In social and domestic agreements, intention to be legally bound is generally presumed.
Consideration

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University
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Medium
Ravindran Nadarajan
Used 132+ times
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15 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
True 😁
False 😭
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
John finds Mary’s handphone and gives it to Mary. Mary promises to buy lunch for John. There is a contract.
True 🌝
False 🌚
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A owes B RM 1,000 but the debt is barred by limitation. A signs a written promise to pay B RM 500 on account of the debt. This is a valid contract.
True 😇
False 😈
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Section 26 of the Contracts Act 1950 states that all agreements without consideration are void.
True 🔴
False 🔺
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
All agreements made on account of natural love and affection are binding.
True 💖
False 💔
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The rule in Pinnel’s case applies in Malaysia because of section 64 of the Contracts Act.
True 👽
False 👻
7.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
In what circumstances will consideration not be sufficient?
Past consideration.
Performance of an existing contractual duty owed to the other contracting party.
Part payment of an existing debt.
Performance of an existing public duty imposed by law.
All of the above are correct.
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