LPL4801 Law of Sale and Lease (LPL4801)

LPL4801 - Past Exam Papers (2015-2020)

Includes relevant textbook summaries, in depth case summaries and lecturer's test/exam tips and examples. Notes are set out in an organised, structured manner making it easy to understand.

lpl4801 course guide

All MCQ's from 2019 - 2016 past papers are written out in PDF form with reasons and page references for all correct and incorrect statements. Where some questions aren't found in the document, it means that the question has been repeated and you just have to look up.

LPL4801 LAW OF SALE AND LEASE STUDY NOTES. Essentialia of a contract: these classify a contract as one of a specific type – e.g. contract of sale For a contract of sale you look at: a) An undertaking by the seller to deliver the thing to the buyer b) An undertaking by the buyer to pay a sum of money in exchange for the thing If the contract doesn’t have these terms it isn’t a contract of sale. If it doesn’t have the essentialia of any type of contract but is a valid contract it w...

LPL4801 - Law Of Sale And Lease Exam Prep Questions. DEFINITION OF A CONTRACT OF LEASE A contract of lease of a thing (a contract of letting and hiring) is a reciprocal agreement between one party, namely the lessor, and another party, namely the lessee, whereby the lessor binds himself or herself to give to the lessee the temporary use and enjoyment of the thing, in return for the payment of the rent. 3.1 Requirements for a valid contract There are a number of requirements which must be c...