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Business Law 2 Question Paper

Business Law 2 

Course:Bachelor Of Commerce

Institution: Kenyatta University question papers

Exam Year:2010



BBA 302
BUSINESS LAW 2
30TH NOVEMBER 2010
INSTRUCTION: Answer any four questions


QUESTION ONE

a) Define the term 'goods' and explain the difference between sale and agreement to sale. (10marks)

b) Explain the circumstances under which presentment for acceptance is excused discuss its implications in a negotiable instrument. (10marks)

c) Discuss the rule relating to negotiable instrument and explain the major differences between crossing and special crossing of a cheque.(5marks)


QUESTION TWO

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


QUESTION THREE

Explain the terms 'condition' and 'warranty' and discuss the consequences of breach of each. (15marks)


QUESTION FOUR

Discuss the essential elements of partnership and explain the consequences of non registration of partnership to the third party. (15marks)


QUESTION FIVE

Discuss the rule relating to transfer of property in contracts of sale of goods. (15marks)







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