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Everything you need to know about sitting the SQE1 and SQE2 assessments.
The assessment specification for both FLK1 and FLK2, including annexes and sample questions.
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Useful advice and resources to help you prepare for the SQE assessments.
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Find out what the SQE is and how it works.
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A partnership agrees to pay £15,000 to a company to hire a large hall in London for an exhibition on 1 March. £5,000 is payable on 14 February and the balance is due on 28 February. The partnership does not make the payment of £5,000.
On 26 February, the company spends £2,000 on contractors who set up the hall with equipment, tables, chairs and display boards.
On 27 February, a major water leak takes place at the hall, through no fault of the company. The contract is frustrated.
The partnership is concerned that the company may seek to recover a payment from it and takes legal advice on its potential liability.
What sum, if any, is it most likely a court will order the partnership to pay to the company?
A. £5,000, being the amount payable prior to the date of the frustrating event.
B. £7,000, being the amount payable and the expenses incurred prior to the date of the frustrating event.
C. £13,000, being the total amount due under the contract less the expenses incurred prior to the date of the frustrating event.
D. £2,000, being the amount of expenses incurred prior to the date of the frustrating event.
E. Nothing, all monies due to be paid under the contract cease to be payable.
D -£2,000, being the amount of expenses incurred prior to the date of the frustrating event.
Candidates who answered correctly: 55%
Create your personal SQE account and book your assessments.
Find out what happens after passing the SQE and admission to the roll of solicitors.