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2 marksContract Law

CSEC Principles of Business · 2022 · Paper 2 · Question 2(a)(i)

Define what is meant by a 'simple contract'.

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Other parts of this question

  1. 2(a)(ii)Describe three characteristics of a specialty contract.[6 marks]
  2. 2(b)(i)Outline what is meant by an offer in relation to a contract.[2 marks]
  3. 2(b)(ii)Outline what is meant by a counteroffer in relation to a contract.[2 marks]
  4. 2(c)Briefly explain one method by which a contract can be discharged or terminated.[2 marks]
  5. 2(d)(i)State the legal term that describes the scenario that has taken place between Doris and Mark.[1 mark]
  6. 2(d)(ii)Suggest three actions that either party could have taken to prevent this misunderstanding from occurring.[3 marks]
  7. 2(d)(iii)Recommend two methods to settle the dispute without pursuing legal action in court.[2 marks]

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