CILEX Contract Law - Paper 2

Economic duress renders a contract: A) Void ab initio B) Voidable at the option of the innocent party C) Unenforceable D) Illegal

Under the doctrine of frustration, which of the following would NOT frustrate a contract? A) Destruction of the subject matter B) Supervening illegality C) The contract becoming more expensive to perform D) Death of a party in a personal services contract

An exclusion clause incorporated by signature is generally effective because of the rule in: A) Parker v South Eastern Railway B) L'Estrange v Graucob C) Thornton v Shoe Lane Parking D) Olley v Marlborough Court

Which remedy requires the contract to be performed as agreed rather than awarding monetary compensation? A) Damages B) Specific performance C) Restitution D) Quantum meruit

Explain the requirements for an actionable misrepresentation in contract law. Distinguish between fraudulent, negligent, and innocent misrepresentation, and outline the remedies available for each type.

Discuss the ways in which a contract may be discharged by performance. Explain the entire performance rule and its exceptions, including substantial performance and divisible contracts.

Critically analyse the equitable doctrine of promissory estoppel and its limitations as a mechanism for enforcing promises made without consideration. Refer to Central London Property Trust v High Trees House and subsequent developments.

Explain how the Unfair Contract Terms Act 1977 regulates exclusion and limitation clauses in contracts. Discuss the distinction between clauses that are automatically void and those subject to the reasonableness test.