Buss 212:Business Law Question Paper
Buss 212:Business Law
Course:Business Administration
Institution: Kenya Methodist University question papers
Exam Year:2011
SCHOOL : SCHOOL OF BUSINESS AND ECONOMICS
DEPARTMENT : BUSINESS ADMINISTRATION
TIME : 2 HOURS
INSTRUCTIONS Answer Question ONE (compulsory) in Section A and any Other TWO Questions in Section B
SECTION A
Question 1
a) State and briefly explain any five sources of Kenya law. (15marks)
b) State and explain four different categorizations of law. (15marks)
SECTION B
Question 2
a) What is the nature/definition of a contract (5marks)
b) Write short notes on the following in the context of the law of contract. (15marks)
i) Offer and acceptance
ii) Agreement or consensus in a contract
iii) Intention to create legal relations
iv) Contractual capacity of insane and drunken persons
Question 3
Describe the main rules applying to the doctrine of consideration in the law of Contract. (20marks)
Question 4
a) What is the difference between an agent and a servant? (4marks)
b) State and explain four of the ways in which an agency relationship may be terminated. (16marks)
Question 5
a) What is the difference between a sale and an agreement to sell in the context of the sale of goods? (4marks)
b) State and illustrate with examples the essential characteristics of a contract of sale of goods. (16marks)
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