Past consideration is not a good consideration for negotiable instruments.A.正确B.错误
Past consideration is not a good consideration for negotiable instruments.
A.正确
B.错误
Past consideration is not a good consideration for negotiable instruments.
A.正确
B.错误
(a) In relation to the law of contract, define and explain consideration. (3 marks)
(b) Explain the following statements regarding consideration:
(i) consideration must be sufficient but does not have to be adequate; (3 marks)
(ii) past consideration is not good consideration. (4 marks)
M:What is it about? Oh,is it about Ed?
W: Yeah, sort of...
M: So, what's up?
W: What do you think of Ed, Jack?
M: What do I think of him? You know him better than I do, don't you?
W: Please, don't tease me. Just tell me.
M: Well, remember the other day when you said that Ed is a man who really shows you nothing but consideration ?
W: Uh-hunh ...
M: And remember you said that he really makes you happy?
W: Yeah. Ed is indeed a gentleman. He has wonderful manners and is respectful of me. But I'm really bothered by his past!
M: His past!? Was he an ex-con or something?
W: No, no, no. That's not what I mean. He used to have a girlfriend and he loved her very much. He almost married her if it were not for an accident.
M: Oh, I see. But why are you so bothered? That's already a history, isn't it?
W: I know. But I just can't get it off my mind.
M: Come on, Mary. You're just being a little jealous, but that's just fine. You know, when you love him, you've got to love his past, his everything ... You've got to love him as a whole.
Who is the man they are talking about?
A.Mary's friend.
B.ED's girlfriend.
C.Mary's boyfriend.
D.Jack's girlfriend.
A.illegal consideration
B.illusory promise
C.preexisting duty
D.past consideration
The computer models failed to picture reality because______.
A.they only simulate what has happened over the past century
B.they are wrongly programmed
C.scientists didn't take aerosols into consideration
D.too many chemicals are produced along with CO2
(29) The great jump in inflation has been during the past 10 years. Looking at the raw figures, people might consider this a time of prosperity. The wage of the average worker was $ 114 a week in 1969, and by September, 1978 it had reached $206. The number grew as much as $92. On the surface it might seem that people are better off, but it is not true. Taking into consideration the effects of inflation, the picture is different. Actually, inflation plays an important role.
(30) In 1976 the consumer price index stood at 100 and it has now topped 200. Allowing for this, the average wage of workers was $104 in 1969 and $105 in April 1978. Since then with more inflation any gain in purchasing power has been wiped out and more taken away. In fact during the year of 1978, the buying power of the average paycheck had fallen by 3.4 percent. In addition to the income tax, (31) there are usually state and country taxes, the sales tax, that is added to the cost of an item at the retail level. This is another tax that has been increasing with inflation, and it affects all purchasers, including the poorest citizens. Think twice before you say that inflation is not a big deal.
(30)
A.It first become serious about five years ago.
B.It has finally been brought under control.
C.It may lead to prosperity.
D.It has been climbing.
The great jump in inflation has been during the past 10 years. Looking at the raw figures, people might consider this a time of prosperity. The wage of the average worker was $ 114 a week in 1969, and by September, 1978 it had reached $206. The number grew as much as $92. On the surface it might seem that people are better off, but it is not true. Taking into consideration the effects of inflation, the picture is different. Actually, inflation plays an important role.
In 1976 the consumer price index stood at 100 and it has now topped 200. Allowing for this, the average wage of workers was $104 in 1969 and $105 in April 1978. Since then with more inflation any gain in purchasing power has been wiped out and more taken away. In fact during the year of 1978, the buying power of the average paycheck had fallen by 3.4 percent. In addition to the income tax, there are usually state and country taxes, the sales tax, that is added to the cost of an item at the retail level. This is another tax that has been increasing with inflation, and it affects all purchasers, including the poorest citizens. Think twice before you say that inflation is not a big deal.
(30)
A.It first become serious about five years ago.
B.It has finally been brought under control.
C.It may lead to prosperity.
D.It has been climbing.
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