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Commercial Law Question Paper

Commercial Law 

Course:Bachelor Of Commerce

Institution: Kenyatta University question papers

Exam Year:2009



KENYATTA UNIVERSITY
UNIVERSITY EXAMINATIONS 2009/2010
FIRST SEMESTER EXAMINATION FOR THE DEGREE OF BACHELOR OF COMMERCE
BBA 415: COMMERCIAL LAW
DATE: Monday, 21st December, 2009 TIME: 4.30 – 6.30
------------------------------------------------------------------------------------------------------------
INSTRUCTIONS:
Answer FOUR questions.
Question ONE is Compulsory.

Q.1 a) Explain the terms:-
i) Guarantee (5 marks)

ii) Indemnity (5 marks)

iii) Bailment (5 marks)

b) “The liability of a surety is secondary, it is co-existence with that of the
principal debtor.” Explain the above. (.05 marks)

c) Explain the duties of common carrier. (10 marks)

Q.2 Discuss the rights of a surety against
a) Creditor

b) Principal debtor

c) Co-sureties (15 marks)

Q.3 Explain the following as you discuss their role in business:-
i) Mortgage

ii) Pledge (15 marks)

Q.4 “The position of a finder of goods is exactly that of a bailee in the case of a
deposit.” Comment on the above statement (15 marks)

Q.5 Explain the term ‘lien’ and discuss its essential elements. (15 marks)




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