Thomas Sim PEA2066

Q.Principle of Estoppel is a common law. Is there a statute in such place?A.The Contracts Act 1950 under Part X – Agency has a provision on such matter.S.190 Liability of principal inducing belief that agent’s […]

Q.
(a) Citing relevant statutory provisions, explain the creation of agency by:

(i) Ratification; (4 marks)

(ii) Necessity. (4 marks)

(b) In relation to agency, explain the difference between actual authority a […]

Q.
(a) With reference to statutory provisions, describe three (3) ways by which an agency may be created, other than by “express appointment”. (6 marks)

(b) In relation to an agency relationship, in a situ […]

Q.
(a) What is meant by ‘Judicial Precedent’? (5 marks)

(b) Describe the basic elements of a valid contract. (7 marks)

(c) State the main difference between a ‘void contract’ and a ‘voidable contract’?  […]

Q.(a) State the enabling Act that allows the application of English common law in Malaysia and the conditions imposed for its application. (5 marks)(b) Under the law of contract:(i) Apart from ‘offer’, ‘acc […]

Q.
Distinguish

(i) Tort,
(ii) Crime,
(iii) Contributory Negligence, and
(iv) Absolute Liability.

A.
(i) Tort

A tort, in common law jurisdictions, is a civil wrong[1] that unfairly causes someone else to suffer […]

Q.The appointment of agent can be in more than expressed appointment, i.e. written or verbal. However, appointment of agent indirectly by ratification and estoppel is rather confusing. Can you differentiate […]

Q.
What do you understand by discharge of contract by performance? What if performance is by a representative? Or, it is not completed? Is it still performance? Or breach?

Refer earlier post discharge obligation […]

8th Meeting My-RealProperty

7th Meeting My-RealProperty

6th Meeting My-RealProperty

5th Meeting My-RealProperty

4th Meeting My-RealProperty

3rd Meeting My-RealProperty

2nd Meeting My-RealProperty

1st Meeting My-RealProperty

Q.What are the risk and return of investing into properties (Hotel and Retail Shop)? PART 2A.As a summary, the general factors considered risk are:Market risk (or systematic risk)Liquidity riskSpecific risk (or […]

Q.What are the risk and return of investing into properties (Hotel and Retail Shop)? PART 1A.There is issue of what are the good and bad thing from one aspect of investment. For example, the good thing of […]

Q.
If I have a property rental per month of RM1,600 and the tenancy agreement is for a period of 24 months, how much stamping fee would it be?

(Assuming that I need to produce a copy to the tenant, and I keep the […]

Q.
What can you landlords do when your tenants are not paying monthly rent?

A.

FOR COMPLETE READING ON TENANCY MATTERS, read the slides of Mr Lee Siew Seng “Issues of tenancy matters in Malaysia”.

The below is […]