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Buss 212:Business Law I 3Rd Trimester 2014 Question Paper

Buss 212:Business Law I 3Rd Trimester 2014

Course:Bachelor Of Business Information Technology

Institution: Kenya Methodist University question papers

Exam Year:2014

BUSINESS LAW 1 (BUSS 212) 3rd trimester 2014
KENYA METHODIST UNIVERSITY

END OF 3'RD 'TRIMESTER 2014 (PT) EXAMINATION

SCHOOL : BUSINESS AND ECONOMICS
DEPARTMENT : BUSINESS ADMINISTRATION
UNIT CODE : BUSS 212
UNIT TITLE : BUSINESS LAW 1

TIME: 2 HOURS
INSTRUCTIONS

Answer question one and any other two questions

Question One

Carol hired out her BMWX5 series to car solutions Ltd for six months. It was agreed that the car would not be used for any illegal activities. The company hired the car to Kamau a known jailbird. Last week kamau was driving from Namanga to Kitengela when he was stopped by some traffic police officer for overspeeding. On stopping the police suspected Kamau was drunk and this was confirmed by an alcohol blow test. The police ordered him out of the car but Kamau ignored the order and took off at a very high speed. The police gave a chase and in the process Kamau hit Ole Kelichi and his ten year old daughter called Naisula who were walking off the road killing them instantly. The car was damaged beyond repair and kamau sustained serious injuries. On checking the car the police found ten Rhino horns and a loaded Ak47 rifle. Some rolls of bhang and whisky sachets were also found in the jacket Kamau was wearing.

Identify and explain the category of law under which the police will take action against Kamau, note to capture its distinct features.
(5 marks)
Identify and explain the nature of the relationship between Carol and car solutions ltd and advise Carol noting to clearly bring out the relevant law and the issue of the redress available to her and against who.
(10 marks)
Identify the cause of action (if any) available to Mama Naisula the widow/mother of the accident victims and advise her.
(5 marks)
Assume Naisula did not sustain fatal injuries; can she file a case for the injuries suffered personally? Give your reasons.
(5 marks)
Assume that Carol’s car was under a hire-purchase arrangement. Advice the hire purchase company.
(5 marks)
Question Two

Identify and explain five basic principles that govern insurance transactions. Illustrate your answer with appropriate examples.
(10 marks)
With appropriate examples identify and explain five situations where an agent is personally liable in the law of agency.
(10 marks)
Question Three

The doctrines caveat emptor and nemo dat work hand in hand in the law of sale of goods. Explain their respective meanings noting to capture their exceptions. You must use appropriate examples to suggest your answer. (20 marks)
Question four

A contract is an agreement which is legally binding or enforced by the law. Give the essentials of a valid contract.
(10 marks)
…..
What is a bill of exchange?
(2 Marks)
Give two (2) types of bills of exchange.
(2 Marks)
Highlight the essentials of a bill.
(6 Marks)
Question Five

Give the legal advantages of partnership business.
(10 marks)
Trespass to land is committed where the plaintiff’s land is wrongly interfered with. Highlight at least five acts amounting to trespass to land.
(10 marks)

Buss 212:Business Law I 3Rd Trimester 2014 Question Paper

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