1.Liman is an employee of Asuka Limited ("Asuka"). Liman supervises all the distributors of Asuka's products. Konga also works in the haulage department of Asuka. The Police are interrogating Konga for alleged possession of illicit drugs while driving a truck belonging to Asuka and have impounded the truck. A distributor of Asuka has lodged an official complaint with the company secretary, alleging that Liman diverted some products of Asuka to a warehouse that belongs to Liman.

Required Explain briefly the remedies that Asuka has against Konga and Liman respectively under employment law.

2.Under the Money Laundering (Prohibition) Act except in a transaction

through a financial institution no corporate body shall make or accept cash

payment of a sum greater than

A. N500,000

B. N1,000,000

C. N5,000,000

D. N7,500,000

E. N10,000,000

3 Agency of necessity may be created in all the following circumstances

except where it is

A. An emergency

B. Impossible to communicate with the principal

C. Retain customers

D. An action in good faith

E. To prevent irreparable loss

4. The rights of a buyer of goods include the following except

A. Action for damages for non-delivery

B. Specific performance

C. Stoppage in trasitu

D. Action for detinue

E. Repudiation

5. The hirer in a contract for hire purchase has the following rights except

A. Use the goods

B. Quiet possession of the goods

C. Know the exact instalments to be paid

D. Choose the insurer if the goods is motor vehicle

E. Repossess the goods

6. In law, no one has an insurable interest in

A. His own life

B. The life of his spouse

C. The assets of a company in which he is a shareholder

D. An event the loss of which will prejudice him

E. A personal building

7. Which of the following are parties to a cheque?

A. The bank and its customer

B. The drawer and the drawee

C. The bank, drawee and payee

D. The drawee, payee, and drawer

E. The bank, its customer and the drawer

8. Which of the following is NOT a duty of a personal representative?

A. Gathering and realization of assets

B. Application to court

C. Payment of debts and other liabilities

D. Payment of estate tax

E. Compounding of assets