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6. Which of the following is not an exception under the doctrine of frustration- a. Where the event that caused the frustration is self-induced b.

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6. Which of the following is not an exception under the doctrine of frustration- a. Where the event that caused the frustration is self-induced b. Where the basis on which the contract was predicated is totally destroyed without either party being negligent c. Where a contract for personal service cannot be undertaken due to the death of a party to the contract. 7. At the Green Grocer Supermarket, Thomas buys a new broom. However when he selects a broom to buy, the store clerk informs him that he will have to buy the special bleach soap to buy the broom. Which offence pursuant to the Fair Competition Act is the Green Grocer Supermarket committing? a. False Representation b. Double Ticketing c. Tied Selling 8. Four contractors decide to submit excessively high bids for a specific government contract so that another contractor will obtain the said contract. Which offence pursuant to the Fair Competition Act has been committed? a. Tied Selling b. Bid Rigging c. Market Restriction 9. At a hardware store Peter saw a new industrial mixer with a price tag of $50,900.00. However when he reached the cashier the real price which was scanned was $80,000.00. Which of the following would be the offence committed? a. Tied Selling b. Bait and Switch c. No Offence 10. If there is a clause which speaks to the continuity of a partnership, what will happen if one of the partners should die? a. The Partnership will be dissolved b. The remaining Partners will have to sell all assets c. The Partnership will continue after the death of the partner 1 1. Pursuant to the Sale of Goods Act, would be the goods that were not identified by the buyer before the contract was made. a. Unascertained b. Future c. Ascertained 12. Incorporation means that the Business organization: a. will have a legal personality separate from its members b. will have the same legal personality as its owner c. will have all its profits shared out equally amongst its members Page 3 of 6g been informed that the buyer has its way for delivery to the buyer. (1 Mark) 13. Francisco owns a business and is liable for all the debts of his business and also gains all the profits. Which of the following Business organizations is being used? a. Limited Liability Company b. Partnership c. Sole Trader 14. Which of the following Business organizations will be best able to obtain a loan from a bank? a. Limited Liability Company b. Partnership c. Sole trader 15. Where would a person have to go to register a Business name? a. The National Registry b. The Ministry of Finance c. The Companies Office SECTION B (5 Marks) INSTRUCTIONS: Questions in this section should be answered on the Question Paper in the space provided. Do ALL questions. 1. Explain the implied condition that the good must fit the purpose for which it is purchased with the use of a decided case. (4 Marks) Page 4 of 6

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