Assignment Task
Assignment Question IPAC 1: PAST CONSIDERATION + ENGLISH LAW
Alex owns a company called Renovation Sdn Bhd which specialises in renovation and constructionworks. Alex received 10 renovation projects across Klang Valley from KBE Housing Bhd for themonth of March 2021 and all of the 10 projects are expected to be completed within 3 months fromthe date of signing of renovation agreement. However, due to lack of manpower Alex sub contract 1Renovation Project at Damansara Utama to Simon Sdn Bhd. Simon Sdn Bhd agreed to the subcontract and gave a quotation of RM250,000.00. Unfortunately, Simon Sdn Bhd had misquoted andis now demanding an additional RM150,000 as renovation supplies are more expensive especiallyduring COVID 19 as there was delay in shipment. Alex informed verbally that the they will borne theadditional cost provided that the project is completed before 31st May 2021. The Project completed on
st June 2021 and now Simon is demanding for the payment but Alex refuse to make payment.As of July 2021, all renovation works was complete and Alex now request for payment of RM2million from KBE Housing Bhd for all 10 projects. KBE Housing Bhd currently is embroiled invarious legal cases and had engaged Messrs Siti & Co, their lawyers to pay RM1million as full andfinal settlement to Alex, Renovation Sdn Bhd. Alex needed the money, cashed in and took the RM1million to pay all the outstanding payments from all the renovation works that was done. Alex nowcome to KBE Housing Bhd for the balance payment of RM1 million but was rejected. Alex nowwants to initiate legal action against KBE Housing Bhd. IPAC2: PART PAYMENT+ENGLISH LAWAlex also enters into a contract with DEF Sdn Bhd for the purchase of an Office Lot at Subang Jaya.DEF Sdn Bhd promised that upon signing of the Sale and Purchase Agreement which will be in 3months time, which will be in July 2021, Alex, will pay the full purchase price of RM10,000 for theoffice lot. In March 2021, Alex was notified by DEF Sdn Bhd that they no longer wants to sell the office lot. Alex felt cheated and devastated over this. IPAC 3: FUTURE CONSIDERATION
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