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Dcm 105: Business Law Question Paper

Dcm 105: Business Law

Course:Certificate In Management

Institution: Kenya Institute Of Management (Kim) question papers

Exam Year:2012

DCM 105: BUSINESS LAW

QUESTION ONE
a. Describe the essenital characteristics of negotiable instrument and give examples of instrument which are negotiable. (12mks)
b. Explain the different ways by which a bill of exchange may be discharged. (8mks)

QUESTION TWO
a. Explain the possible defences to a tortuous act. (10mks)
b. Define a trade mark and explain any four remedies for infringement of a trade mark. (10mks)

QUESTION THREE
a. According to the law of contract, parties must be competent to contract. Explain this phrase. (10mks)
b. In relation to the law of agency, explain creation of agency relationship. (10mks)

QUESTION FOUR
a. Explain the phrase "delegatus non potes delegare" and its exceptions under the law of agency. (10mks)
b. Explain the effects of bankruptcy order. (10mks)

QUESTION FIVE
a. Explain various principles of general insurance. (14mks)
b. Discuss how hire purchase agreement can be terminated. (6mks)

QUESTION SIX
Write explanatory notes on the following:
a. Parties to arbitration (5mks)
b. Discharge of bankruptcy. (5mks)
c. Crossing of a cheque. (5mks)
d. Five duties of an agent. (5mks)

QUESTION SIX
a. When a contract has been breached, what are the remedies available? (10mks)
b. Commercial arbitration provides provision on appointments of arbitrators and their duties. Discuss such provisions. (10mks)

QUESTION EIGHT
a. Discuss the rules governing delivery of goods under the Sale of Goods Act (Cap 31). (10mks)

b. Explain the capacity of the following persons under the law of torts:
i. The government
ii. The president
iii. Diplomats
iv. Minors or infants
v. Persons of unsound mind (10mks)

Dcm 105: Business Law Question Paper

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