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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.

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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 Read More …

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.

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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 Read More …

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.

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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 Read More …

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)

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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 Read More …

Explain how the Capital Authority can ensure: (i) Faster growth and development of the Nairobi Stock Exchange or Stock Exchange in your country (ii) Development of other stock exchanges in Kenya or in your country.

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Explain how the Capital Authority can ensure: (i) Faster growth and development of the Nairobi Stock Exchange or Stock Exchange in your country (ii) Development of other stock exchanges in Kenya or in your country. ANSWER i) 1. Establishes Rules Read More …

What economic advantages are created by the existence of: (i) Primary markets (ii) Secondary markets (iii) Portfolio management firms

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What economic advantages are created by the existence of: (i) Primary markets. (ii) Secondary markets (iii) Portfolio management firms. ANSWER i) Economic advantages are created by the existence of Primary Market • Raising Capital Business • mobilizing savings • Government Read More …