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Age 217 :Business Law Question Paper

Age 217 :Business Law

Course:Bachelor Of Science In Agricultural Economics

Institution: University Of Eldoret question papers

Exam Year:2015

UNIVERSITY OF ELDORET
SCHOOL OF AGRICULTUR AND BIOTECHNOLOGY
DEPARTMENT OF AGRICULTURAL ECONOMICS AND RURAL DEVELOPMENT
SECOND YEAR, FIRST SEMESTER 2015/2016 ACADEMIC YEAR
BACHELOR OF SCIENCE IN AGRICULTURAL ECONOMICS
AGE 217 :BUSINESS LAW
INSTRUCTIONS; answer question ONE and any other three questions
QUESTION ONE
a) Define law. (5marks)
b) Classify business law. (5marks)
c) Highlight the various sources of law (5marks)
d) Discuss the doctrine of equity (5marks)
e) briefly discuss types of offers as given in the law of contract. (5marks)
f) Who is a legal person in the business law? (5marks)
g) with the help of examples, explain computer crimes in business. (5marks)
h) Write short notes on the liability of an agent. (5marks)
QUESTION TWO
a) what are the factors undermining role of business law? (4marks)
b) what is the law tort? (4marks)
c) Explain the general defense in the law of tort .(4marks)
d) Discuss the tort of negligence. (4marks)
e) explain the vitiating factors in the law of contract,.(4marks)
QUESTION THREE
a) what is the law of contract? (5marks)
b) Highlight the element of a valid contact. (5marks)
c) Give the classification of contract (5marks)
d) Summarize the terms of a contract. (5marks)
e) how can a contract be discharged? (5marks)
f) what are the consequences in case of a breach of a legal contract. (5marks)
QUESTION FOUR
a) define the law of sale of goods? (5marks)
b) what is implied conditions in the law of sale of goods? (5marks)
c) discuss the international contract of sale. (5marks)

QUESTION FIVE
a) Define law of agency. (4marks)
b) How is the law of agency created? (4marks)
c) What is agency by ratification? (4marks)
d) Highlight and discuss types of agents.(4marks)
e) write short notes on
I.Duties of an agent. (2marks)
II. Termination of agency. (2marks)
QUESTION SIX
a) what's contract of insurance? (4marks)
b) Fully highlight the principle of insurance. (8marks)
c) using examples explain the various types of insurance contracts. (8marks)
QUESTION SEVEN
a) what's a negotiable instrument? (4marks)
b) Discuss the characteristics of a negotiable instrument (8marks)
c) List and discuss the requisites of a valid endorsement. (8marks)

Age 217 :Business Law Question Paper

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