Commercial Law Question Paper

Commercial Law

Course:Bachelor Of Commerce

Institution: Kenyatta University question papers

Exam Year:2008

KENYATTA UNIVERSITY
UNIVERSITY EXAMINATIONS 2008/2009
FIRST SEMESTER EXAMINATION FOR THE DEGREE OF BACHELOR OF COMMERCE
BBA: 415: COMMERCIAL LAW
DATE: Friday 5th December 2008 TIME: 11.00am-1.00pm
==================================================================================
INSTRUCTIONS:
ANSWER ANY THREE QUESTIONS. ALL QUESTIONS CARRY EQUAL
MARKS

1 a) Define a will and state its characteristics? (8marks)

b) Describe the provisions made by the succession Act for dependants not
adequately provided by a will. (8marks)

c) What is a legacy? State the various types of legacies. (9marks)

2. a) What are easements? (3marks)

b) Explain the main characteristics of easements? (8marks)

c) State way in which easement can be created? (8marks)

d) How can easements be extinguished or terminated? (6marks)

3. a) Explain the nature of bailment? (5marks)

b) State briefly the rights and responsibilities of a bailer and a bailee? (8marks)

c) What is meant by lien? (8marks)

d) Explain the various types of lien? (8marks)

4. a) In what circumstances may a reference to an arbitration be made?(6marks)

b) What are the main advantages and disadvantages or arbitration?(10marks)

c) State five or the provisions which unless a contrary intention is expressed
are included in every arbitration? (9marks)

5. a) Explain the nature and purpose of making a will? (6marks)

b) Outline the circumstances in which a will made orally could be effective?(5marks)

c) How may a will be revoked? (5marks)

d) Explain the meaning of 3 of any of the following.
i) Personal representation (3marks)

ii) Codicil. (3marks)

iii) Testator. (3marks)

iv) Dependant. (3marks)

v) A pledge. (3marks)

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