In Which of the Following Cases Did the Court Decide

question 12

Multiple Choice

In which of the following cases did the court decide that the contract was valid but illegal as performed?

• A) St John Shipping Corporation v Joseph Rank Ltd [1957] 1 QB 267.
• B) Re Mahmoud v Ispahani [1921] 2 KB 716.
• C) Anderson Ltd v Daniel [1924] 1 KB 138.
• D) Yango Pastoral Company Pty Ltd v First Chicago Australia Ltd [1978] HCA 42.

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Definitions:

Internal Control

Strategies and actions taken by a corporation to maintain the accuracy of its financial and accounting records, encourage responsible behavior, and deter dishonesty.

Safeguarding Assets

Measures or strategies employed by an organization to protect its assets from theft, damage, or any form of misuse.

Internal Control

Processes and procedures implemented within an organization to ensure the integrity of financial and accounting information, promote accountability, and prevent fraud.

Operations Efficiency

A measure of how well a company uses its resources to produce output effectively.