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Where a party accepts part payment for a debt, they may at a later date request payment of the amount outstanding unless the other party provided extra consideration when making the part payment.

Which TWO of the following are valid extra consideration for part payment of a debt?

(1) Payment in the form of goods rather than cash

(2) Payment by a third party rather than the debtor

(3) An intention by the debtor to be legally bound by the part payment

(4) A guarantee by the debtor to make the payment on the date agreed in the contract

1 and 2

1 and 4

2 and 3

2 and 4

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Chapter4FormationofcontractII

For the extra consideration to be valid, the creditor must become entitled to something that they arenot already entitled to. In this case, goods rather than cash and payment by a third party are validexamples. A guarantee of payment and payment on time are not valid as extra consideration becausethe creditor is already entitled to them.

多做几道

Which of the following is a remedy available under the civil law?

A fine

Imprisonment

Damages

All criminal law cases begin in which of the following courts?

The County Court

The Magistrate's Court

The Crown Court

The Queen's Bench, Family and Chancery are all division of which court?

Crown Court

Supreme Court

High Court

Which of the following statements concerning cases brought before a Magistrate's Courts is correct?

The case is decided by the Magistrate rather than a jury

Only criminal cases are heard at a Magistrate's Court

Appeals are made directly to the Court of Appeal

Which of the following offences would only be heard at a Magistrate's Court?

An indictable offence

A summary offence

A 'triable either way' offence