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Cmm 121: Business Transactions And Law Question Paper

Cmm 121: Business Transactions And Law

Course:Bachelor Of Commerce

Institution: Catholic University Of Eastern Africa question papers

Exam Year:2014

THE CATHOLIC UNIVERSITY OF EASTERN AFRICA
A. M. E. C. E. A
MAIN EXAMINATION
MAY-JULY 2014 TRIMESTER
FACULTY OF COMMERCE
DEPARTMENT OF MARKETING AND MANAGEMENT
CMM 121: BUSINESS TRANSACTIONS AND LAW
Duration 2 hrs
Instructions: Answer Questions ONE and any other TWO questions.
Q1.
a) Discuss the rules governing delivery of goods as provided by S. 30 of the scale of goods Act Cap. 31 (10 marks)
b) Explain the meaning and importance of these terms: Injuria Sine Damnum and Damnum Sine Injuria. (10 marks)
c) Explain and distinguish between the various types of bailment as well as the definition of bailment. (10 marks)
Q2.
a) Explain the distinction between a contract of guarantee and a contract of indemnity. (10 marks)
b) State the circumstances/exceptions where slander shall be actionable perse. (10 marks)
Q3.
a) State the exceptions to the rule Newm dat quod non Habel (10 marks)
b) Explain the essential elements of a hire purchase agreement (10 marks)
Q4.
a) Explain the essential element of a contract of insurance. (10 marks)
b) Distinguish between a tort and a crime. (10 marks)
*END*

Cmm 121: Business Transactions And Law Question Paper

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