question archive 3)When parties to an agreement use post for communication, the Postal Rule applies
3)When parties to an agreement use post for communication, the Postal Rule applies
Subject:ManagementPrice: Bought3
3)When parties to an agreement use post for communication, the Postal Rule
applies. Under this rule, A. an agreement is binding on the offeror when the offeror has posted the offer
B. an agreement is binding on the offeree when the offeree has received the
offer
C. an agreement is binding on the offeror when the offeree has posted the
acceptance
D. an agreement is binding on the offeree when the offeree has posted the
acceptance
11. Sofi tells Lim that she is Ashraf's agent and Ashraf does not deny this. In this
situation, if Lim makes a contract with Sofi, would Ashraf be liable to Lim under
the law of agency?
A. Yes, because he has expressly appointed Sofi as his agent
B. Yes, because he has held out Sofi as his agent
C. No, because Sofi was the one who claimed to be an agent
D. No, because he never authorised Sofi to contract with Lim on his behalf
12. Mastura works as a cook in Restoran Makan Sedap. Mastura frequently orders
vegetables and meat for the restaurant from Kedai Runcit Alang. Restoran
Makan Sedap has always paid for the goods delivered by Kedai Runcit Alang. This describes the creation of agency by
A. express appointment
B. implied appointment
C. ratification
D. necessity
13. Siva has been appointed as an agent by Ah Chong. He has the authority to sell
goods on credit to third parties. He sold goods amounting to RM20,000 to
Rahimi on credit without making proper enquiries on Rahimi's ability to pay. Unknown to Siva, Rahimi had been declared bankrupt at the time he supplied
the goods to Rahimi. Which of his duties as an agent has Siva breached?
A. Duty to obey the principal's instructions
B. Duty to exercise care and diligence
C. Duty to communicate with the principal
D. Duty to render proper account to the principal
14. Ronald instructed his agent Edward to purchase a second hand van for not less
than RM40,000. Edward made a contract to purchase Ah Chong's van for
RM32,000. Edward and Ah Chong agreed to make the price of the van appear
as RM40,000 in their agreement. They then divided the additional RM8,000
equally between them. Ronald has found out about the deal between Edward
and Ah Chong. He wants to know what he can do about it.
i. Ronald may recover the additional money received by Edward
ii. Ronald may terminate the services of Edward
iii. Ronald may refuse to pay Edward's remuneration
iv. Ronald may seize Edward's property as compensation for his losses
A. i, ii and iii
B. i, ii and iv
C. i, iii and iv
D. ii, iii and iv
