Section 12 of the Sale of Goods Act 1979 implies a condition into contracts for the sale of goods that the person selling the goods has the right to sell them. Which of the following is correct?(i) The contracting parties may agree to exclude Section 12 from their contract(ii) Section 12 applies to both consumer and non-consumer contracts for the sale of goods.(iii) A breach of Section 12 entitles the purchaser of the goods to cancel the contract.
Answer(s): D
Evidence suggests that during a recession, companies with a clear sense of ethical direction will:
Answer(s): A
Which of the following is CORRECT?(i) A company limited by shares is a legal person separate and distinct from those who own and manage the company(ii) If the company structure is used as a mere façade for fraudulent purposes the company but not the directors or shareholders can be held liable(iii) If the company has carried on business despite the fact that insolvency appeared inevitable the directors may be personally liable for the debts contracted.
Answer(s): C
To which of the following contracts does the Supply of Goods and Services Act 1982 apply?(i) A contract with a joiner for the manufacture and supply of a cabinet.(ii) A contract for the hire of a car.(iii) A contract with a builder to construct an extension to a house.
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