Buss 013:Business Law Question Paper
Buss 013:Business Law
Course:Business Administration
Institution: Kenya Methodist University question papers
Exam Year:2013
KENYA METHODIST UNIVERSITY
END OF 3RDTRIMESTER 2013 (EVENING) EXAMINATION
SCHOOL : BUSINESS AND ECONOMICS
DEPARTMENT : BUSINESS ADMINISTRATION
UNIT CODE : BUSS 013
UNIT TITLE : BUSINESS LAW
TIME: 2 HOURS
INSTRUCTIONS
Answer question One and any other two questions
Question One
Elaborate the different sources of the Kenyan law, highlighting examples under each source.
(16 marks)
Explain the following in short notes
Breach of contract
(3 Marks)
Equitable remedies under law
(3 Marks)
Moral and civil wrong
(3 Marks)
Damages
(2 marks)
Injunction
(3 marks)
Question Two
Explain the different elements/clauses of a partnership deed.
(10 Marks)
Discuss the persons who do not have an absolute right to contract under the law.
(10 marks)
Question Three
Outline at least four rights of unpaid seller against the goods.
(6 marks)
Highlight the different methods by which an agency is terminated. (8 Marks)
Briefly state the various rights and duties of an agent
(6 Marks)
Question Four
Explain the different modes by which a partnership form of business can be terminated/dissolved
(14 Marks)
Explain the major differences between sale and an agreement to sell.
(6 marks)
Question Five
Explain at least five characteristics of negotiable instrument.
(10 marks)
Explain the following terms under the law of succession
Testate succession
(5 marks)
Intestate succession
(5 marks)
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