Business Law

  1. Benny read is newspaper wherein there was an advertisement of an auction sale of curios belonging to the Ming Dynasty. Benny attended the auction and was the highest bidder. However, the auctioneer, acting on Chim Chun’s instructions, withdrew the curios from auction. Advise Benny.
  • Clement employed Doris as his agent for selling his “FatAir” Notebook for $0.5 million. Doris sold the notebook to Peter for $0.6 million. Doris gave Clement $0.5 million and pocketed $0.1 million. Peter paid Doris $5,000 as commission. Discuss the legal position of Doris under agency law.
  • Kenny contracted to sell to Roger 100 Cartons of apples, which had been identified, packed and ready for delivery to Roger under the terms of the contract. However, the apples were stolen during transportation (through no fault of either Kenny or the carrier). Neither Kenny nor Roger had insured for the applies, and Roger had not yet paid the price. Kenny would like to know if he can still claim against Roger for the price. Advise Kenny.

Hits: around 1,000 words for each question, but no limited to…