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) With the aid of a flow chart give a brief description of the hierarchy of the courts in Kenya. (20marks)
b) Explain five types of alternative dispute resolution mechanisms. (10marks)
SECTION B
Question 2
a) Define a contract (4marks)
b) State and explain the essentials of a valid contract. (16marks)
Question 3
a) Define an agent. (4marks)
b) Explain the four ways in which an agency relationship may be created and give one example in each instance. (16marks)
Question 4
Write short notes on the following in the context of the law of contract. (20marks)
i) Acceptance of offer in auction sales
ii) Doctrine of part performance
iii) Invitation to treat
iv) A condition as a term of contract
v) Capacity of minor to enter into a contract.
Question 5
a) Explain the rights of an unpaid seller in a contract for the sale of goods. (10marks)
b) Explain the remedies of a buyer of goods against the seller in a contract for the sale of goods. (10marks)
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