Dpba 017:Business Law Question Paper
Dpba 017:Business Law
Course:Diploma In Public Relations & Business Administration
Institution: Kenya Methodist University question papers
Exam Year:2011
KENYA METHODIST UNIVERSITY
END OF 3''RD ''TRIMESTER 2011 EXAMINATIONS
SCHOOL : BUSINESS AND ECONOMICS
DEPARTMENT : BUSINESS ADMINISTRATION
UNIT TITLE : BUSINESS LAW
UNIT CODE : DPBA 017
TIME : 2 HOURS
Instructions:
Answer question ONE (Compulsory) and any other TWO questions.
Question one
Distinguish between the following:
Common law and Equity
(2mks)
Statute law and Judicial precedent
(2mks)
Municipal law and International law
(2mks)
Briefly discuss "Supremacy of the Constitution"
(4mks)
i) Name and briefly discuss persons whose capacity to contract is limited by law.
(4mks)
ii) Define Jurisdiction and explain factors that limit Jurisdiction of our courts. (6mks)
i) What is ratification as used in the law of agency?
(8mks)
ii) In the law of agency, describe the legal requirement for a valid ratification. (8mks)
Question Two.
Explain the term "Nemo dat quod non habet" as used in the law of sale of Goods and outline the exceptions to the rule.
(10mks)
Discuss the factors that vitiate consent as an essential of a contract.
(10mks)
Question Three.
"Business law affects the manner in which businesses are carried out and regulated in Kenya. It also affects the economic development in our country" Anonymous. With the above statement, explain in detail the ways in which business law can be used to promote economic development and attain vision 2030. (20mks)
Question Four.
State and explain in detail the different kinds of Businesses that can be registered in Kenya.
(10mks)
Discuss the contents of "Memorandum of Association" and Articles of Association" as used in the incorporation of a company.
(10mks)
Question Five.
Differentiate between "Sale of Goods" and an "Agreement of sale of Goods"
(4mks)
Explain the duties of a buyer and a seller in the law of sale of Goods.
(8mks)
Discuss the contents of a partnership agreement/Deed.
(8mks)
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