Business Law 2 Question Paper

Business Law 2

Course:Bachelor Of Commerce

Institution: Kenyatta University question papers

Exam Year:2009

KENYATTA UNIVERSITY
MOMBASA CAMPUS
UNIVERSITY EXAMINATIONS 2008/2009
SECOND SEMESTER EXAMINATIONS FOR THE DEGREE OF BACHELOR
OF COMMERCE
BBA 302:
BUSINESS LAW II
DATE: Monday 30th March 2009
TIME:2.00 p.m. - 4.00 p.m.
•
INSTRUCTIONS
•
Answer any five questions
1.
a)
Who is a legal Person. (5 marks)
b)
Distinguish a company from a partnership. (15 marks)

2.
a)
In relation to sale of goods distinguish a contract of sale from agreement to sell. (10 marks)
b)
Briefly explain the conditions implied by the sale of Goods Act (Cap 31) Laws of Kenya. (10 marks)

3.
a)
Explain the rules of transfer of property in goods. (10 marks)
b)
State the duties of the parties in the sale of good contract. (10 marks)

4.
Explain the different ways of creating authority of an agent. (20 marks)

5.
a)
State the duties of an agent. (10 marks)
b)
A gave Kazimoto Transporters a luggage to carry to Mombasa from Nairobi. Kazimoto Transporters gave the luggage to Malinyingi Transporters as he could not travel to Mombasa, his lorry having broken down. The luggage was damaged by Malinmyingi Transporters. Advise A. (10 marks)

6.
a)
What is a Bill of Exchange. (6 marks)
b)
Explain the different types of endorsement. (7 marks)
c)
What is the effect of forgery of a signature on a cheque. (7 marks)

7.
Write short notes on the following.
a)
Hire purchase agreement
b)
Holder in due course.
c)
Subrogation
d)
Ubberimal Fidei.
(20 marks.)

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