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Introduction To Business Law (Buss 013) Question Paper

Introduction To Business Law (Buss 013)

Course:Business Administration

Institution: Kenya Methodist University question papers

Exam Year:2012

TIME: 2 HOURS

INSTRUCTIONS
Answer question ONE and any other TWO questions.
Question One
Explain the significance of law to the society.
(5 Marks)

Describe the process of legislation in Kenya.
(10 Marks)

In details explain the structure of the Kenyan courts according to the new constitution.
(15 Marks)

Question Two
Distinguish between an offer and invitation to treat.
(10 Marks)

"A family partnership can be dissolved in accordance to the provisions of the partnership Act. Dissolution may take place with or without a court order." Discuss this statement bringing out clearly the circumstances under which a partnership may be dissolved without a court order.
(10 Marks)

Question Three
Discuss the two classifications of agents.
(10 Marks)

"The general meaning of land is the surface area of the earth comprising a number of acres or hectares. In law, however, land includes not only the surface but also everything below the land, everything affixed or growing on the land and all the airspace above the land." Discuss this statement in relation to law of property.
(10 Marks)

Question Four
In details explain the two basic doctrines which are essential to an understanding of the law relating to estates and other interests in land.
(10 Marks)

The covenant of landlords and tenants relate to the duties of landlords and tenants. Explain these duties.
(10 Marks)

Question Five
Distinguish between sale and agreement to sell.
(10 Marks)

Define a warranty and explain the three types of implied warranties.
(10 Marks)

Introduction To Business Law (Buss 013) Question Paper

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