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Cmm 112: Principles Of Commercial Law Question Paper

Cmm 112: Principles Of Commercial Law

Course:Bachelor Of Commerce

Institution: Catholic University Of Eastern Africa question papers

Exam Year:2014

THE CATHOLIC UNIVERSITY OF EASTERN AFRICA
A.M. E. C. E. A
MAIN EXAMINATION
MAY-JULY 2014 TRIMESTER
FACULTY OF COMMERCE
DEPARTMENT OF ACCOUNTING AND FINANCE
CMM 112: PRINCIPLES OF COMMERCIAL LAW
Duration 2 hrs
Instructions: Answer Question ONE and ANY OTHER TWO questions.
Q1.
a) How would these people find the study of commercial law helpful?
i. Farmer
ii. University student
iii. Taxi driver in partnership business
iv. Consumer (8 marks)
b) Describe the following terms of law:
i. Wagering contract
ii. Equitable doctrine of past performance
iii. Negotiable instruments (9 marks)
c) Explain the essential elements of a valid contract. (13 marks)
Q2.
a) Examine the main sources of law in Kenya. (10 marks)
b) Describe the different types of civil and criminal wrongs. In your description give relevant examples. (10 marks)
Q3.
a) Illustrate the court structure in Kenya and describe the jurisdiction of the courts therein (10 marks)
b) Explain how the agency is created and also give the duties and rights of an agent. (10 marks)
Q4.
a) Explain the following principles of law:
i. Ex Turpi causa non orbitur Actio
ii. Nemo data quad non habet
iii. Maxims of the doctrine of equity. (12 marks)
b) Analyze the circumstances under which contracts can be terminated. (8 marks)
*END*

Cmm 112: Principles Of Commercial Law Question Paper

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