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Bba 302:Business Law Ii Question Paper

Bba 302:Business Law Ii 

Course:Bachelor Of Commerce

Institution: Kenyatta University question papers

Exam Year:2012



KENYATTA UNIVERSITY
UNIVERSITY EXAMINATIONS OF 2012/2013
FIRST SEMESTER EXAMINATION FOR THE DEGREE OF BACHELOR OF COMMERCE


BBA 302:BUSINESS LAW II
DATE:Wednesday 28th November,2012
INSTRUCTIONS:
Answer Question ONE and any other TWO Questions.

1.a)List and explain five types of partners in a partnership (10 marks)
b)Distinguish between a sale and a hire purchase agreement (12 marks)
c)Discuss various ways through which an agency may be created.(8 marks)

2.a)Differentiate the rights and duties of partners in a partnership(10 marks)
b)Explain the basic principles in insurance (10marks)

3.a)Discuss any six exemptions to the doctrine of caveat emptor.(12 marks)
b)Distinguish between sale and bailment (8marks)

4.a)Discuss and differentiate the following terms as used in business law (16 marks)
i)Insurance and assurance
ii)Agent and trustee
iii)Co-ownership and partnership
iv)Condition and warranty
b)State the circumstances under which a partnership can be dissolved.(4 marks)




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