contestada

CHAPTER/TOPIC: DISCHARGED OF CONTRACT INSTRUCTIONS: 1. Prepare a power point slides to answer the following questions: Raudhah plan to set up an E-Games centre where she provides service for customer to play PlayStation 5 at the game centre. She entered into a contract with Adam to supply 50 sets of PlayStation 5. Raudhah promise to pay Adam upon approval of her loan application from Tigor Bank. However, after 2 weeks of waiting, Raudhah was Informed that her loan application was rejected by Tiger Bank. Adam demand for payment from Raudhah as agreed in the contract, but Raudhah claim the contract was frustrated because her loan application was rejected by Tlger Bank. Thus, she refused to pay the amount agreed to Adam as she claim the contract is now vold due to frustration. Advise the parties. 2. The slide must consist of ALL relevant information including: (a) Issue (b) General principles aw​

Respuesta :

jayilych4real

The best advice to give to both parties is:

  • The contract is in effect and as such, Adam should count his losses.
  • Raudah should look for a more reliable financial partner.

What is a Contract?

This refers to the legally binding agreement that is reached between different parties for a given thing,

Here, based on the general principles of law, we can see that the terms of the agreement are general and abstract, and because of this, the contractual agreement is binding and valid.

Read more about contractual agreements here:

https://brainly.com/question/25789642

Otras preguntas