THE UNIVERSITY OF THE WEST INDIES & AMINATIONS OF JULY 2011 CODE AND NAME OF COURSE: LAW 2110 LAW OF CONTRACT IL DAI AND TIME DURATION: 2 HOURS INSTRUCTIONS TO CANDIDATES: This paper has 1 page and 6 questions. Answer THREE (3) Questions. Answers may be confined to the law of any jutisdiction in the Commonwealth Caribbean unless the context indicates otherwise. 4. Diseuss the circumstances in which a party to a contract is entitled to rescind a contract for breach 2. Critically analyse the tests used by courts for limiting the recovery for damage caused by a breach of contract. 3. "party cannot claim to be excused from performance on the basis of frustration if he induced the allegedly frustrative event or foresaw it” Discuss. 4. Critically examine the circumstances in which damages may be recovered for an actionable misrepresentation, “A common mistake, even on a most fundamental matter, does not make a contract void at law; but it makes it voidable in equity.’ To what extent does this statement represent the law after Great Peace Shipping Ltd, v Tsaviiris, The Great Peace (2002)? 6. Critically discuss the circumstances in which @ party, even though in pari delicto, may still recover property transferred under an illegal contract END OF PAPER ‘The University of the West Indies