The subject is commercial law. Question 1 Taylor plans to set up an E-Games centre...
70.2K
Verified Solution
Link Copied!
Question
Accounting
The subject is commercial law.
Question 1 Taylor plans to set up an E-Games centre where she provides service for customers to play PlayStation 5 at the game centre. She entered into a contract with James to supply 50 sets of PlayStation 5. Taylor promised to pay James upon approval of her loan application from Tiger Bank. However, after 2 weeks of waiting, Taylor was informed that her loan application was rejected by Tiger Bank.
James demanded payment from Taylor as agreed in the contract, but Taylor claims the contract was frustrated because her loan application was rejected by Tiger Bank. Thus, she refused to pay the amount agreed to James as she claimed the contract was now void due to frustration.
Advise the parties
Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
- Unlimited Question Access with detailed Answers
- Zin AI - 3 Million Words
- 10 Dall-E 3 Images
- 20 Plot Generations
- Conversation with Dialogue Memory
- No Ads, Ever!
- Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Other questions asked by students
StudyZin's Question Purchase
1 Answer
$0.99
(Save $1 )
One time Pay
- No Ads
- Answer to 1 Question
- Get free Zin AI - 50 Thousand Words per Month
Unlimited
$4.99*
(Save $5 )
Billed Monthly
- No Ads
- Answers to Unlimited Questions
- Get free Zin AI - 3 Million Words per Month
*First month only
Free
$0
- Get this answer for free!
- Sign up now to unlock the answer instantly
You can see the logs in the Dashboard.