Hbc2112;Business Law I Question Paper
Hbc2112;Business Law I
Course:Bachelor Of Commerce
Institution: Meru University Of Science And Technology question papers
Exam Year:2010
QUESTION ONE – (30 MARKS) COMPULSORY
(a) Distinguish between: (i) Public law (2 Marks) (ii) And private law (2 Marks) (b) What do you understand by the doctrine of separation of powers? (6 Marks) (c) A agrees to sell his house to R for Shs.20,000 ‘subject to contract’. Later A signs the formal contract but R refuses to sign. Advise A (10 Marks) (d) Describe briefly the personal rights of the buyer against the seller who wrongfully omits to deliver goods. (10 Marks)
QUESTION TWO – (20 MARKS)
(a) With the aid of decided cases, discuss the meaning of ‘intention to create legal relations’, and how it affects commercial, domestic and social agreements. (12 Marks) (b) Kabwela, a Jua Kali artisan who manufactures burners comes to you for advice on appropriate form for his business. He wishes to use partnership. Advise him on the advantages and disadvantages of partnership. (8 Marks)
QUESTION THREE – (20 MARKS)
(a) Given an instance of an occurrence, which at the same time is crime, tort, and breach of contract. (10 Marks) (b) Explain the concept of vicarious liabity. (10 Marks)
QUESTION FOUR – (20 MARKS)
(a) What do you understand by agency of necessity? (10 Marks) (b) Under hire-purchase when may a hirer terminate a hire-purchase agreement? (10 Marks)
QUESTION FIVE – (20 MARKS)
(a) What are the rules as to the presentment of a bill of exchange? (10 Marks) (b) Explain the following terms: (i) Contractual capacity. (2 Marks) (ii) Void contracts (2 Marks) (iii) Doctrine of Equity. (2 Marks) (iv) Ratio decindendi (2 Marks) (v) Stare decisis (2 Marks)
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