Explain the principle in the rule in Dunlop Pneumatic Tyre Co. Vs. Selfridge & Co. Ltd, (1915) and the exceptions thereof. ANSWER The principle enunciated or applied in this case is the fundamental rule of privity of contract which is Open …
Category: A CPA Business Law/Commercial Law Revision Question and Answers
CPA Business Law/Commercial Law Revision Question and Answers
With reference to the nature and classification of law, differentiate between Law of succession and law of trust
With reference to the nature and classification of law, differentiate between Law of succession and law of trust ANSWER Law of Succession The law of succession is concerned with the disposition of property after death. It deals with the devolution Open …
With reference to the nature and classification of law, differentiate between Statute law and judicial precedent
With reference to the nature and classification of law, differentiate between Statute law and judicial precedent ANSWER Statute law Statute law is law made by parliament directly. It creates new law where none existed or amends existing law. It creates Open …
With reference to the nature and classification of law, differentiate between Civil burden of proof and criminal burden of proof
With reference to the nature and classification of law, differentiate between Civil burden of proof and criminal burden of proof ANSWER Burden of proof in civil cases is borne by the plaintiff i.e. it is the onus of the plaintiff Open …
With reference to the Law of Succession, write brief notes on the following: (a) Will (b) Probate (c) Codicil (d) Demonstrative legacy (e) General legacy (f) Pecuniary legacy (g) Special legacy
With reference to the Law of Succession, write brief notes on the following: (a) Will (b) Probate (c) Codicil (d) Demonstrative legacy (e) General legacy (f) Pecuniary legacy (g) Special legacy ANSWER (a) Will: This is the legal declaration by Open …
Summarise the implied convenants by a landlord in a lease agreement
Summarise the implied convenants by a landlord in a lease agreement ANSWER To put the tenant in possession Not to derogate form grant Ensure that the premises are fit for the purposes for which it is let. Ensure quiet possession Open …
(i) Define an easement (ii) State and explain the characteristics of easements
(i) Define an easement (ii) State and explain the characteristics of easements ANSWER (i) Definition of an easement An easement has been defined as a right attached to a parcel of land which allows the proprietor of the land to Open …
A lease agreement usually contains implied terms on the part of the lessor and lessee. State the terms implied on the part of the lessee
A lease agreement usually contains implied terms on the part of the lessor and lessee. State the terms implied on the part of the lessee ANSWER Terms implied on the part on the lessee include: To pay the rent reserved Open …
In relation to the Law of Property, distinguish between real property and personal property
In relation to the Law of Property, distinguish between real property and personal property ANSWER Real property: This generally refers to immovable property or realty e.g. land which includes buildings and trees on it. Personal property: Generally refers to the Open …
In relation to the Sale of Goods Act, Explain four circumstances when a seller may give a better title to the buyer than he himself has in the goods
In relation to the Sale of Goods Act, Explain four circumstances when a seller may give a better title to the buyer than he himself has in the goods ANSWER This question is based on the exceptions to the common Open …