Inrelationtothetortofnegligence,explaint
In relation to the tort of negligence, explain the duty of care for negligent misstatements. (10 marks)
LarryisadirectorofUltrasportsLtd,asporti
Larry is a director of Ultrasports Ltd, a sporting goods retailer. The company wants to open an outlet at the new shopping centre in Orchard RoaD、It aims to be the largest sporting goods outlet in Singapore. The company needs to engage the services of an interior designer to do the concept design for the new outlet. Larry’s nephew, Sim, is a well-known award-winning interior designer. Larry would like to propose that the design contract be awarded to SlickDesigns Pte Ltd, the interior design company of which Sim is the major shareholder.Required:Discuss whether Larry would be in breach of his duties as director if he proposes that Sim be awarded the contract at the next directors’ meeting and the consequences of such a breach. (10 marks)InrelationtotheContractLawofChina:(c)Dis
In relation to theContract Law ofChina: (c)Distinguish the liability for fault in concluding a contract from the liability for breach of contract. (4 marks)
(a)Sally,whoownsabeautyparlour,enteredin
(a) Sally, who owns a beauty parlour, entered into a contract with Kosmetrix SdnBhd, a manufacturer of cosmetics, for the purchase of 200 boxes of ‘high quality, super smooth skin lotion’. When the product was delivered Sally found the lotion to be of very poor quality and unsuitable for skin care. She wishes to sue Kosmetrix SdnBhd for breach of contract. However, Kosmetrix SdnBhd denies liability relying on a clause in the contract which states, ‘Kosmetrix SdnBhd does not give any warranty, express or implied, as to the quality of the product contracted for’.Required:Advise Sally whether she may be successful if she sues Kosmetrix SdnBhd for breach of contract. (5 marks)
OAOSportclubisahighprofilesportsandleisu
OAO Sportclub is a high profile sports and leisure company that owns a professional football clu
B、The club has enjoyed considerable success in the last three seasons. Revenues from spectator attendances have increased and sales of merchandise have become highly profitable. Konstantin is the club’s major shareholder. He has injected new capital in recent years, but he now has to decide how to fund ambitious and costly expansion plans for the stadium and sports facilities. His preferred approach is to issue new shares in order to raise capital, and he feels that the club’s supporters would be prepared to invest for this purpose. However, Konstantin does not want to reduce his own personal influence in the company. Marina is the company’s finance director. She has suggested that the company should consider issuing bonds in order to raise the necessary funds.Both Konstantin and Marina are aware that the financial performance of a sporting enterprise can change quickly and feel that they need to seriously consider the implications of each option before any decision is taken.Required:Analyse the legal rights and obligations that will be created by funding the company’s future plans by issuing new shares and those that will be created by funding the plans by issuing company bonds. (10 marks)Inthecontextofhumanrightsandfreedomsinth
In the context of human rights and freedoms in theConstitution of Lesotho, discuss the doctrine of judicial review as it operates in Lesotho. (10 marks)Inrelationtothelawofnegligence,explainth
In relation to the law of negligence, explain the extent of a company auditor’s duty of care; and to whom any such duty is oweD、(10 marks)
DesmondboughtacondominiumunitinSiglapont
Desmond bought a condominium unit in Siglap on the basis that the developers had stated in their promotional brochures that it was ‘minutes to the city’ and that there would be a basement car park.Desmond works in the city and he wanted a short commute to work. He also admitted he had bought the condominium unit because he thought that it was a good investment as it was in a prime residential district on the east coast. However, after he bought the condominium unit, he discovered that it would take him more than half an hour to drive to work due to the morning traffi c congestion and furthermore, the developers had decided not to build the underground car park as it would increase their building cost. He wants to sue the developer for misrepresentation.Required:AdviseDesmond whether he will succeed in suing the developers for misrepresentation. (10 marks)
