Father, if dead, Mother, if dead, Brothers and sisters and children of deceased brothers and sisters in equal shares, if dead, Half-brothers and half-sisters and children of deceased half-brothers and half-sisters in equal shares, if dead, The closest relative up Read More …
Day: October 12, 2020
Formalities of a valid written will
Writing: there must be some writing the law does not insist on any special form or wording. Signature or mark: the will must contain the signature or mark of the testator or that other person who signs in the presence Read More …
Rights and duties of the owner of goods in a hire-purchase agreement
Rights Recovery of installments in arrears Sue in damages for breach Retention of the sum paid To be notified of any change in location of goods Repossess the goods should circumstances justify. Duties Deliver the goods to the hirer. Confer Read More …
Conditions implied in a contract of sale of goods
Right to sell: the seller has the right to sell the goods when property is to pass. Correspond to description: In a sale by description, it is implied that the goods shall correspond with the description. Fitness for purpose: Where Read More …
Duties of an agent to his principal
Performance: discharge of the undertaking as agreed. Obedience: acting in accordance with the principals instructions or authority. Accountability: explain application of money or assets coming into his hands. Care and skill: exhibit a degree of care and skill appropriate to Read More …
Circumstances that may lead to the dissolution of a partnership
Death of a partner unless the articles of partnership provide otherwise. Performance of the undertaking. Lapse of time Termination at will Illegality Charging of a partners interest by a court order for a private debt. Bankruptcy of a partner unless Read More …
