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Buss 212:Business Law I 1St Trimester 2015 Question Paper

Buss 212:Business Law I 1St Trimester 2015 

Course:Bachelor Of Business Information Technology

Institution: Kenya Methodist University question papers

Exam Year:2015



BUSINESS LAW 1 (BUSS 212) 1ST TRIMESTER 2015
KENYA METHODIST UNIVERSITY

END OF 1'st 'TRIMESTER 2015 (SB) 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
Question One

Distinguish between public law and private law.
(4marks)
Briefly explain the differences between hire purchase and credit sale.
(4marks)
Outline the functions of the law of torts
(6marks)
Outline FOUR essentials of a valid contract.
(4marks)
Outline SIX sources of law in Kenya.
(6marks)
Question Two

Explain SIX factors involved in the formation of a contract.
(10marks)
Explain the major differences between criminal wrong and civil wrong.
(10marks)
Question Three

Outline and discuss the implied conditions in every contract of sale of goods.
(10marks)
Explain the "Nemo dat quod non habet" rule as provided by the sale of goods act.
(10marks)
Question Four

Explain FIVE ways in which an agency cover is an end by operation of the law.
(10marks)
Explain FIVE duties of agents.
(10marks)
Question Five

Explain FIVE essentials of a valid contract.
(10marks)
Explain FIVE factors involved in information of a contract. (10marks)




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