Day: June 4, 2022

THE LAW OF PROPERTY This is the law concerned with the bundle of rights a person may have on land. Such rights may be exclusive or otherwise. Property law defines the range of functions a person may exercise in a Read More …

NEGOTIABLE INSTRUMENTS NATURE AND CHARACTERISTICS What is a negotiable instrument? This is a document which represents money and the title in passes to a bona fide transferee free from only defect. It is a chose in action. Negotiable instruments are Read More …

6.1 Business Description Your background The proposed business name and the starting date Location of the business Major activities of the business Uniqueness of your product/services What attracted you to this opportunity Explain your plans to exploit the opportunity What Read More …

LAW OF TORT Introduction Tort is a civil wrong which according to Sir F. Pollock defined as; an act which causes harm to a determinate person whether intentionally or not, not being a breach of a duty arising out of Read More …

The financial plan is an important part of the business plan because it is here that the profitability of the intended business is demonstrated to the entrepreneur and to the potential financiers. It provides a tool for monitoring the financial Read More …

LAW OF CONTRACT A contract is an agreement between two parties with the intention to create legal relations. ESSENTIALS ELEMENTS OF A VALID CONTRACT Offer and acceptance Consideration Intention to create legal relations Capacity of the parties Lawful objects Free Read More …