Certain types of mistakes in the formation of a contract may affect the validity of a contract. Discuss this statement explaining the mistakes ANSWER Mistakes of fact which affect the validity of a contract are referred to as operative mistakes. Open …
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Certain types of mistakes in the formation of a contract may affect the validity of a contract. Discuss this statement explaining the mistakes
Certain types of mistakes in the formation of a contract may affect the validity of a contract. Discuss this statement explaining the mistakes ANSWER Mistakes of fact which affect the validity of a contract are referred to as operative mistakes. Open …
State how the equitable principle of utmost good faith is manifested in the daily operations of a partnership
State how the equitable principle of utmost good faith is manifested in the daily operations of a partnership ANSWER A partner may not engage in a competing business without the consent of other partners. A partner who makes a secret Open …
State how the equitable principle of utmost good faith is manifested in the daily operations of a partnership
State how the equitable principle of utmost good faith is manifested in the daily operations of a partnership ANSWER A partner may not engage in a competing business without the consent of other partners. A partner who makes a secret Open …
Explain the ways in which a Partnership may be dissolved without a court order
Explain the ways in which a Partnership may be dissolved without a court order. ANSWER Performance of the undertaking. Completion of the undertaking Lapse of time-if the duration is fixed. At will: – a partner notifies the others of his Open …
Explain the ways in which a Partnership may be dissolved without a court order
Explain the ways in which a Partnership may be dissolved without a court order. ANSWER Performance of the undertaking. Completion of the undertaking Lapse of time-if the duration is fixed. At will: – a partner notifies the others of his Open …
One of the principal duties of an agent is expressed by the maxim “delegates non potest delegare.” State and identify five circumstances under which this rule or maxim does not apply.
One of the principal duties of an agent is expressed by the maxim “delegates non potest delegare.” State and identify five circumstances under which this rule or maxim does not apply. ANSWER This maxim literally means that “delegates must not Open …
One of the principal duties of an agent is expressed by the maxim “delegates non potest delegare.” State and identify five circumstances under which this rule or maxim does not apply.
One of the principal duties of an agent is expressed by the maxim “delegates non potest delegare.” State and identify five circumstances under which this rule or maxim does not apply. ANSWER This maxim literally means that “delegates must not Open …
Under Section 7 of the Hire Purchase Act Cap. 507, Laws of Kenya, certain provisions are deemed void if contained in a hire purchase agreement. Identify and explain five such provisions
Under Section 7 of the Hire Purchase Act Cap. 507, Laws of Kenya, certain provisions are deemed void if contained in a hire purchase agreement. Identify and explain five such provisions ANSWER A provision which authorizes the owner or any Open …
Under Section 7 of the Hire Purchase Act Cap. 507, Laws of Kenya, certain provisions are deemed void if contained in a hire purchase agreement. Identify and explain five such provisions
Under Section 7 of the Hire Purchase Act Cap. 507, Laws of Kenya, certain provisions are deemed void if contained in a hire purchase agreement. Identify and explain five such provisions ANSWER A provision which authorizes the owner or any Open …