Q. 1.Principle 1: When two or more persons make a joint promise, the promisee may, in the absence of a contract to the contrary, compel any of such joint promisors to perform the whole of the promise.Principle 2: A contract which completely bars the jurisdiction of the courts of law is void.Facts: X and Y are brothers. They were renovating their ancestral home. They entered into a contract with Z, wherein Z promised to supply cement to X and Y. The contract provided that Z was to deliver the cement at the site of construction at his own cost. It was further provided that the payment was to be made only after the repair and renovation work was over. The claims under the contract were to be raised against both the brothers and any dispute was subject to arbitration and the decision of the arbitrator was to be final and binding. After the repair work was complete, Z raised a claim against X for payment. Decide whether the claim of Z will be upheld.a.    No, as the contract completely bars the jurisdiction of the court of law, therefore the contract cannot be enforced.b.    Yes, as the principle clearly states that a contract can be enforced against any one of the promisors.c.    No, as Y has not been made a party to the claim.d.    Yes, as Z has supplied cement under the contract and has raised his claim only after the completion of the work, therefore he is entitled to claim his money.

Which of the following refers to a contract by which one party promises to save the other from loss caused to him by the conduct of the Promisor himself, or by the conduct of any other person'?

Which of the following statements about bilateral and unilateral contracts is not correct?Group of answer choicesA unilateral contract does not require consideration (which means exchange of obligations) but simply a promise to perform an act is sufficientMore than one party is required for both bilateral and unilateral contractsBoth parties are obligated to perform their promises in a bilateral contractOnly one of the parties is obligated to perform an action in a unilateral contract

Discuss why a partnership is both a principal contract and a preparatory contract in not more than four (4) sentences.

The following is taken from Page 3 of Andrew Robertson and Jeannie Paterson, Principles of Contract Law (Thomson Reuters, 6th ed, 2020): [A]ccording to the classical understanding, a contract is an expression of the joint will of parties engaged in a transaction. On this view, contractual obligations are voluntarily assumed and sharply distinguishable from obligations imposed by the law of tort.Which one of the following is an UNACCEPTABLE reference for a student to include in their essay?  Contractual obligations are voluntarily assumed and sharply distinguishable from obligations imposed by the law of tort.11Andrew Robertson and Jeannie Paterson, Principles of Contract Law (Thomson Reuters, 6th ed, 2020) 3.  There is a significant distinction between obligations in contract law and obligations in the law of tort.11Andrew Robertson and Jeannie Paterson, Principles of Contract Law (Thomson Reuters, 6th ed, 2020) 3.  The obligations under contract law are 'sharply distinguishable' from tort law obligations.11Andrew Robertson and Jeannie Paterson, Principles of Contract Law (Thomson Reuters, 6th ed, 2020) 3.  A contractual obligation is 'an expression of the joint will of the parties' which is 'voluntarily assumed' and very different form tort law obligations.11Andrew Robertson and Jeannie Paterson, Principles of Contract Law (Thomson Reuters, 6th ed, 2020) 3.

An agreement consists of reciprocal promises between at leastSelect one:a.4 Partiesb.3 Partiesc.6 Partiesd.2 Parties