Posted on: 25th Aug 2023
Commercial Law Case Study, SMU, Singapore Fred is struggling with Contract Law in school. His best friend, Charles, offered to help him if Fred will buy the latest Eye-Phone for him
| University | Singapore Management University (SMU) |
- Fred is struggling with Contract Law in school. His best friend, Charles, offered to help him if Fred would buy the latest Eye-Phone for him. After Charles had helped Fred, Fred now refuses to buy the Eye-Phone for him. Advise Charles if he can sue Fred.
- Cepas Ltd. is a Singapore company that wishes to expand its business to Argentina. Cepas Ltd is not familiar with the market and is not confident that the business will be successful. Cepas Ltd. entered into an agreement with a Argentinian local company, Agro Ltd., where Agro will provide Cepas with all the help needed to expand to Argentina. They signed an agreement stating that the parties wish to “record our intentions and honorable commitment with each other”. Since the signing, Agro Ltd has done nothing and Cepas wishes to sue Agro Ltd. Is Agro legally bound to the agreement?
- Bobby desperately needs certain goods. The suppliers have been delaying the delivery and now refuse to deliver to Bobby the goods unless he pays them to double the price. There are no other suppliers of these goods, therefore Bobby agrees to pay the price. Bobby is now unhappy and seeks your advice.
- Mr. Krypto is an investment banker and has been persuading Evan to invest in Bitcoin. Evan is an elderly person and Mr. Krypto has been pestering Evan for a sustained period. Evan felt pressured to invest to keep a good working relationship with his banker. Evan wants to know what is his available legal remedy.
- The seller agreed to deliver goods to the Buyer on the following, “cash on delivery terms. After delivery, the Buyer refused to pay and argued that during the earlier negotiations, they had orally agreed that the Buyer could pay within 14 days. Advise Seller.
- The seller agrees with the Buyer with the 2 following clauses: “The goods shall be from Japan” and “The Seller shall notify the Buyer before the goods are shipped.” The buyer is a well-known reseller of original Japanese products and is shocked as he now discovers that the goods are not from Japan. He was also not notified before the goods were shipped. He wishes to be advised if he can terminate the contract relying on both the terms above
- John wanted to buy a new car and decided to sell the old car that his father had given him. He approached Dodgy Pte Ltd, a car dealer who offered John $15,000 for the car. John asked for $20,000 as the car had low mileage and only done 40,000km. He also told Dodgy Pte Ltd that it was an ‘excellent car”. Dodgy Pte Ltd took the car for a test drive and liked the car and so agreed to pay $20,000 for the car. Dodgy Pte Ltd has now discovered that the car has in fact, a high mileage of 200,000km. Advise Dodgy Pte Ltd if he can sue for breach of contract or any other alternative action.
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