Application-Form-CIIA-Examination
Day: September 24, 2020
Essentials of a valid contract
Offer An offer has been defined as unequivocal manifestation by a party of its intention to contract with another party. It is clear intimation of intention to contract. The party that manifests the intention to contract is the offeror and Read More …
Circumstances under which an agent may be held personally liable to third parties.
If the principal does not exist or has no capacity. If he expressly or impliedly personal liability. The third party may when contracting with an agent, create a condition that the agent should be personally liable on the contract, and Read More …
Circumstances under which the unpaid seller may exercise his right of lien.
Under the provisions of the Sale of Goods Act, the unpaid sellers lien is exercisable if: If the buyer becomes insolvent If the goods have not been sold on credit If the goods have been sold on credit but the Read More …
Rules that govern delivery of goods.
Unless otherwise agreed, the place of delivery is the sellers place of business if any, if not, his residence. If specific goods, the subject matter of the contract are in some other place known to the parties, that other place Read More …
Types of classification of law
Criminal and civil law Criminal law: this is the law of crimes or offences. A crime is often defined as an act omission, committed or omitted in violation of public law. It is a contravention of state law and suspects Read More …
Reasons for delegated legislation.
Reasons for delegated legislation Lack of parliamentary time: parliament has insufficient time to legislate on all matters be they national or otherwise. By delegating some of its law-making authority, parliament can save time to solve much more pressing problems. Speed Read More …
Circumstances under which a principal may be estopped from revoking an agent’s authority
If the agent has exercised his authority in full. If the agent has incurred personal liability. If the agents authority is coupled with interest.
Duties of a bailee in a bailment contract
Take delivery: the bailee is duty bound to take delivery of the goods the subject matter of the contract. Reasonable care: the bailee is obliged to take reasonable care of the goods. He is not liable for ordinary wear and Read More …
Ways in which a valid written will may be revoked
Another will or codicil: this will or codicil must manifest the testators intention to revoke the previous will or codicil. Destruction: this is the burning, leaving or otherwise destroying the will. The destruction must be coupled with an intention to Read More …