MONDAY: 4 April 2022. Afternoon paper. Time Allowed: 3 hours.
Answer any FIVE questions. ALL questions carry equal marks. Do NOT write anything on this paper.
QUESTION ONE
- In relation to law of tort, explain two ingredients in the tort of negligence. (4 marks)
- Discuss five remedies that are available for an unpaid seller under the sale of goods. (10 marks)
- In relation to insurance law, the insurer and the insured have to uphold certain insurance principles for good function of an insurance:
Required:
List any six of these insurance principles. (6 marks)
(Total: 20 marks)
QUESTION TWO
1. Explain four functions of law in a civilised society. (8 marks)
2. Define the following terms:
Court’s exclusive jurisdiction. (2 marks)
Rule of law. (2 marks)
Statutory law. (2 marks)
Jurisprudence. (2 marks)
3. Distinguish between “law” and “morality”. (4 marks)
(Total: 20 marks)
QUESTION THREE
- Analyse five guiding principles of leadership and integrity under your country’s Constitution. (10 marks)
- In addition to the duties implied by law, the agency relationship imposes certain fiduciary duties on the agent.
Required:
Describe five fiduciary duties of an agent. (10 marks)
(Total: 20 marks)
QUESTION FOUR
1. Explain five factors that might affect a person’s ethical behavior at work. (5 marks)
2. State four benefits of registering a trademark. (4 marks)
Identify three works that are eligible for copyright. (6 marks)
3. Describe five features of a hire purchase. (5 marks)
(Total: 20 marks)
QUESTION FIVE
- Discuss any five of the parties to a negotiable instrument. (10 marks)
- Define the following terms:
Unilateral mistake. (2 marks)
Misrepresentation. (2 marks)
“Quantum meruit”. (2 marks)
Breach of contract. (2 marks)
Frustration of contract. (2 marks)
(Total: 20 marks)
QUESTION SIX
- Explain three types of intellectual property. (6 marks)
- Differentiate between “incorporated” and “unincorporated” associations. (4 marks)
- Discuss five rules governing transfer of the property in goods from the seller to the buyer. (10 marks)
(Total: 20 marks)
QUESTION SEVEN
- Outline eight advantages of Arbitration over Court process. (8 marks)
- Explain the concept of credited liability. (2 marks)
- Explain five classes of agents. (10 marks)