(a) Part payment of a debt is generally not regarded as consideration for a premise not to use for the balance of the debt as
Was decided in pinnel’s case.
Briefly explain the exceptions to this rule. (6 marks)
(b) Misrepresentation is deemed to be a vitiating factor in the law of contract.
(i) Define the term “misrepresentation”. (2 marks)
(ii) Define the three types of misrepresentation. (6 marks)
(c) With the aid of a decide case, explain the meaning of the term “privity of contract”. (6 marks)
(Total: 20 marks)
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