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Principles &Amp; Practice Of Contract Management(Pmgt 025) Question Paper

Principles &Amp; Practice Of Contract Management(Pmgt 025)

Course:Accounting, Finance& Investments

Institution: Kenya Methodist University question papers

Exam Year:2013

TIME: 2 HOURS
Instructions: Answer Question ONE and any other TWO.
Question One
Discuss using relevant examples, how contract can be classified according to enforceability. (20 Marks)

Question Two
Consideration is an integral part of the contract Curre-v-Misa (1875) discuss various rules relating to consideration. (20 marks)

Question Three
Capacity to contract is an important tenex of the law of contract. Illustrate using relevant examples your understanding of the term CAPACITY. (20 Marks)

Question Four
Discuss the elements of misrepresentation in contract.
(10 Marks)

Distinguish between conditions and warranties.
(10 Marks)

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