Busso13:Business Law Question Paper
Busso13:Business Law
Course:Business Administration
Institution: Kenya Methodist University question papers
Exam Year:2013
KENYA METHODIST UNIVERSITY
END OF 2''ND ''TRIMESTER 2013 (DAY) EXAMINATION
SCHOOL : BUSINESS AND ECONOMICS
DEPARTMENT : BUSINESS ADMINISTRATION
UNIT CODE : BUSS O13
UNIT TITLE : BUSINESS LAW
TIME: 2 HOURS
SECTION A (COMPULSORY)
Question One
Define the term law
(5 marks)
Distinguish between crime and civil wrong
(8 Marks)
Highlight four issues of customary law that the district magistrate’s court is mandated to handle
(4 Marks)
Outline four rights of unpaid seller against the goods.
(5 Marks)
Explain four rights of agents
(8 Marks)
SECTION B
Answer any two questions from this section
Question Two
Discuss the sources of Kenya law
(15 marks)
Distinguish between written and unwritten sources of law.
(5 marks)
Question Three
Explain the essentials of a valid contract
(10 marks)
Discuss five ways through which leases may be terminated
(10 marks)
Question Four
Explain five circumstances under which a partnership may be dissolved.
(10 marks)
Explain the consequences of converting a partnership into a limited company
(10 marks)
Question Five
Write short notes on the following
Breach of contract
(2 Marks)
Consideration
(2 Marks)
Consent
(2 Marks)
Injuction
(2 Marks)
"Contracts of minors, persons of unsound mind and drunkard persons may be enforceable under law in certain circumstances." Citing examples explain the above statement
(12 marks)
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