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Buss 013:Business Law Question Paper

Buss 013:Business Law

Course:Business Administration

Institution: Kenya Methodist University question papers

Exam Year:2012

KENYA METHODIST UNIVERSITY

END OF 3''RD ''TRIMESTER 2012 (DAY) EXAMINATIONS
SCHOOL : BUSINESS AND ECONOMICS
DEPARTMENT : BUSINESS ADMINISTRATION
UNIT CODE : BUSS 013
UNIT TITLE : BUSINESS LAW

TIME: 2 HOURS

INSTRUCTIONS:

Answer question ONE and any other TWO questions.

Question One
Differentiate between public international law and private international law.

(6mks)
Explain at least four divisions of civil law.

(8mks)

Differentiate between a court and a triburial.

(4mks)
State and explain six sources of Kenyan law.

(12mks)

Question Two

State and explain the different ingredients of a valid contract. (14mks)

With an illustration, explain at least two vitiating elements of a contract.

(6mks)

Question Three

Explain the nature of the Hire Purchase agreements.

(6mks)

Explain the purpose of insurance law in Kenyan society.

(6mks)
Illustrate with the help of a diagram the structure/hierarchy of Kenyan courts.

(8mks)

Question Four

Mr. Kanyota owned a piece of land along Thika road which was under government lease for 99 years. He has soon realized that he can use it as a security to obtain money from a money landing institution. Advice him on the procedure and state the remedies that the bank will have incase he defaults in paying the loan.

(8mks)

Define the contract of sale of good citing an example.

(4mks)

Explain different warranties and conditions both under the law of contract and contract for the sale of goods.

(8mks)

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