Abdalla, the proprietor of Hesabu House, place a warning sign outside the entrance of the building that the floors of the premises were slippery. Makanyanga who was in a hurry to attend tuition classes did not see the notice. As Open …
Author: admin
Mr. Jumbe who was vying for the national chairmanship of a political party, engaged Mr. Musika, a local musician to perform in a series of campaign meetings the political rallies were scheduled to be held at the Wazalendo Stadium. Mr. Jumbe paid Mr. Musika fifty thousand shillings as part payment for the performance fee. Explain the legal position, if before the first rally can be held: (i) The dais and seats at Wazalendo Stadium are burnt down and the rallies have to be cancelled. (4 marks) (ii) Mr. Musika is found guilty of being in possession of narcotics and selling it to minors. He is arrested and sentenced to a one year jail term. (4 marks)
Mr. Jumbe who was vying for the national chairmanship of a political party, engaged Mr. Musika, a local musician to perform in a series of campaign meetings the political rallies were scheduled to be held at the Wazalendo Stadium. Mr. Open …
Mokua married Kemunto in 1970. Both has lived happily with their Jon Joash until Mokua died in a tragic road accident in November 1991. Unfortunately Mokua had not made a will in respect of all his free property. Kemunto does not know her rights over the property left by her husbands. She comes to you for advice. Advice her. Would your advice be different if they had no child?
Mokua married Kemunto in 1970. Both has lived happily with their Jon Joash until Mokua died in a tragic road accident in November 1991. Unfortunately Mokua had not made a will in respect of all his free property. Kemunto does Open …
Kariuki entered sunset supermarket, picked up one of the wire baskets provided and filled it with groceries from the shelves. As he was approaching the cashier he realized that his purse had been stolen and decided to replace the good on the shelve. The manager of the supermarket who had been observing Kariuki‟s movements instructed one of his assistants to approach Kariuki and tell him that the goods had been sold and he could not replace them on the shelves. Advise Kariuki.
Kariuki entered sunset supermarket, picked up one of the wire baskets provided and filled it with groceries from the shelves. As he was approaching the cashier he realized that his purse had been stolen and decided to replace the good Open …
S sells a car to P. the agreement contains the following clause; “since the car is sold cheaply, on no condition or warranty that the car is roadworthy is given.” The car fails to move from the show room. S insists a legitimate deal has been concluded. Advise P.
S sells a car to P. the agreement contains the following clause; “since the car is sold cheaply, on no condition or warranty that the car is roadworthy is given.” The car fails to move from the show room. S Open …
A builds a factory for the manufacture of chemical called synoyd. After the factory is completed and becomes operation, it turns out that it emits a lot of fumes which in themselves are a nuisance to A’s neighbours. What is worse, it has also transpired that when it rains, the fumes after mixing with the rain-water produce a substance that is destroying fish in the nearby lake. As neighbour are unhappy and wish to sue him. Advise them.
A builds a factory for the manufacture of chemical called synoyd. After the factory is completed and becomes operation, it turns out that it emits a lot of fumes which in themselves are a nuisance to A’s neighbours. What is Open …
Janet and Mary entered into a contract in which Janet was to sell a car to Mary, for Sh. 250,000. Unknown to the parties, the car which had been parked at John’s garage had been burnt down that morning following a fire outbreak at the garage. Mary had paid Janet Sh. 100,000 as deposit. She now intends to sue Janet for breach of contract Advise Janet.
Janet and Mary entered into a contract in which Janet was to sell a car to Mary, for Sh. 250,000. Unknown to the parties, the car which had been parked at John’s garage had been burnt down that morning following Open …
Explain the legal principles applicable in each of the cases listed below: (i) B entered into C‟s land to recover a time rabbit which belonged to B‟s children. (5 marks) (iii) H pasted a poster on D‟s wall advertising a disco-dance competition meant for raising funds for a local charity. (5 marks) (iii) F cut down the branches of a mango tree belonging to G, his neighbour, which had extended to his land. He picked the ripe mangoes from the fallen branches and gave all of them to children in his vicinity. (5 marks)
Explain the legal principles applicable in each of the cases listed below: (i) B entered into C‟s land to recover a time rabbit which belonged to B‟s children. (5 marks) (iii) H pasted a poster on D‟s wall advertising a Open …
Describe in brief the greatest difficulties faced in capital budgeting in the real world
Describe in brief the greatest difficulties faced in capital budgeting in the real world. ANSWER Difficulties faced in capital budgeting – Uncertainty of variables e.g annual cash flows, discounting rates, changes in technology, inflation rate, changes in tax rates etc. Open …
(i) What is a Commercial Paper? (ii) State and explain the advantages of using commercial paper by businesses to raise funds
(i) What is a Commercial Paper? (ii) State and explain the advantages of using commercial paper by businesses to raise funds ANSWER (c) (i) A commercial paper is unsecured short term financial instrument issued at a discount by financially stable Open …