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Business Law 2 Question Paper

Business Law 2 

Course:Bachelor Of Commerce

Institution: Kenyatta University question papers

Exam Year:2010




KENYATTA UNIVERSITY
UNIVERSITY EXAMINATIONS 2010/2011
FIRST SEMESTER EXAMINATION FOR THE DEGREE OF BACHELOR OF COMMERCE
BBA 302: BUSINESS LAW II

DATE: Tuesday 30th November, 2010 TIME: 8.00 a.m. – 10.00 a.m.
_______________________________________________________________________________
INSTRUCTIONS
Answer FOUR questions.
Question ONE is COMPULSORY.


1.
a)
Define the term “goods” and explain the difference between sale and agreement to sell. [10 marks]
b)
Explain the circumstances under which presentment for acceptance is excused and discuss its implications in a negotiable instrument. [10 marks]
c)
Discuss the rule relating to inchoate instruments and explain the major difference between crossing and special crossing of a cheque. [5 marks]

2.
Discuss the conditions that must be satisfied for the agency of necessity and explain how these conditions may arise. [15 marks]

3.
Explain the terms condition and warranty and discuss the consequences of breach of each. [15 marks]

4.
Discuss the essential elements of partnership and explain the consequences of non registration of partnership to the third party. [15 marks]

5.
Discuss the rules relating to transfer of property in contracts of sale of goods.
[15 marks]




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