Limited or Conditional Liability

Rohit Beerapalli
Mind Map by Rohit Beerapalli, updated more than 1 year ago
Rohit Beerapalli
Created by Rohit Beerapalli over 6 years ago
48
0

Description

asdfew

Resource summary

Limited or Conditional Liability
  1. Hobson v. Bass
    1. A surety can attach any condition to his liability.
      1. Liability only arises if this condition is met.
    2. Traill v. Gibbons
      1. Whether the obtaining of a collateral security is a term of condition precedent is to be determined by a proper analysis of the contractual relationship.
      2. Ward v. National Bank of New Zealand Ltd
        1. When the sureties are severally liable, the creditor can release one of them, without releasing the others.
        2. Greer v. Kettle
          1. Guarantee was only for a debt which was secured by a charge on 275,000 shares.
            1. Since there was no such security, it was an attempt to impose a liability that was never undertaken.
          Show full summary Hide full summary

          Similar

          Guarantee
          Rohit Beerapalli
          luisa
          luisa montes
          Biology Revision - Y10 Mock
          Tom Mitchell
          Geography Coastal Zones Flashcards
          Zakiya Tabassum
          CITAÇÕES DE GRANDES FILÓSOFOS
          miminoma
          GCSE AQA Biology - Unit 2
          James Jolliffe
          GCSE AQA Biology 1 Adaptations, Competition & Environmental Change
          Lilac Potato
          Mind Maps with GoConqr
          Elysa Din
          5 Tips for motivating your students
          Jen Molte
          1PR101 2.test - Část 2.
          Nikola Truong
          1PR101 2.test - Část 6.
          Nikola Truong