Joe Is in the Process of Assembling Land for Ace

question 213

Essay

Joe is in the process of assembling land for Ace contractors Ltd.to build a supermarket.He entered into a contract with the seller Sam.He did not disclose that he was acting for someone else when he entered into the contract.Explain Sam's rights when the contract is breached and he learns that Joe was acting for Ace.

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Definitions:

Traded Commodities

Goods or raw materials that are bought and sold on commodity exchanges or the open market.

Extraterritorial Application

Laws or legal mandates that are applied beyond the territorial boundaries of the jurisdiction that created them.

Licensing Arrangement

A legal agreement allowing one party to use another's property, such as intellectual property, under certain conditions.

Foreign Legislation

Laws or regulations that are enacted by a governing body outside of one's own country.