Question1. What are the components necessary to validity of Agreements?
Question2. Give an explanation of the types of conditions which might be found in contract.
Question3. What is the significance of penalty clauses in a contract?
Question4. What are the techniques of payment which extinguish obligations?
Question5. Write concise notes on four of the following:
a) Cession of property.
b) Novation.
c) Compensation.
d) Liquidated and unliquidated damages.
e) Cost plus percentage contracts.
Question6. What do you understand by the term Judicial Review?
Question7. What are the principles involved in Judicial Review?
Question8. Provide a few examples where Judicial Review will be resorted to in relation to procurement.