Day: October 8, 2020

Under section 5 (4) of the Hire Purchase Act, if a hire purchase agreement is not registered. No person can enforce it against the hirer. The owner cannot enforce any rights to recover the goods from the hirer. Any contract Read More …

Demonstrative legacy: This is a testamentary gift which is in its nature general but which manifests an intention that the gift shall be primarily satisfied out of a fund or a specified part of the property of the testor, but shall Read More …

This is the largest interest a person can have in land. If confers the largest Quantum of rights and has no time limitation. It confers the right to use and alienate. Example include: fee simple and absolute proprietorship.

Joint tenancy arises where two or more persons own something jointly. It has the features of single proprietorship. It is characterized by the right of survivorship i.e. jus accresscendi and the four unities, namely: Unity of possession: all possess any Read More …

Postal rules of acceptance Where the offeror expressly or by implication authorises the offeree to communicate his acceptance by post, acceptance is deemed complete when a properly addressed and stamped letter is posted not withstanding any miscarriage in the course Read More …

Section 2(1) of the Companies Act, Cap 486, Laws of Kenya defines a prospectus as “any prospectus, notice circular, advertisement or other invitation offering to the public for subscription or purchase any shares or debentures of a company.” The contents Read More …