An agent will usually act within the authority but if the relationship with the principle is well established he may occasionally act outside the authority if he feels the principle will subsequently ratify the agent's action. Discuss the effects of subsequent.

2.An agent cannot be allowed to delegate his authority however some circumstances may lead to delegation of the authority. Highlight such circumstances.

3.Explain four conditions which are implied in every contract covered by the sale of good act.

4.One of the remedy of the unpaid seller is the right of lien. Analyze two circumstances under which right of lien might be terminated.

5.Any person who has been appointed to represent another in dealings with parties is an agent .There are however persons who regularly act for others in business transactions as professional agents. Discuss four examples of professional agents

6.Under sale of good act where there is a contract for sale of specific or ascertained goods the property in goods is transferred to the buyer at such a time as the parties to the contract intend it to be transferred. Discuss the rules for determining when property passes to the buyer from the seller.

7.Highlight various essentials characteristics of a contract for sale of goods.

8.An unpaid seller enjoys the right of lien and stoppage in transit. With reference to the above statement explain the differences between lien and stoppage in transit.

9.In relation to the law of insurance explain the four categories of insurance covers

10.State and explain the major principles of insurance as per the insurance act