Assignment #1 questions.

1. One way in which an agency may be created is through ratification. Explain the essentials of a valid ratification of the agency.
2. Hosea and Jeremiah met for business lunch at the restaurant in town, they were later joined by Joshua Jeremiah's friend .During the discussion Jeremiah informed that he was He was Hosea's agent to which he did not object . Awake later Jeremiah obtained goods on credit from Joshua on behalf of Hosea Jeremiah has since then disappeared and Joshua is claiming payment for the goods from Hosea. Explain the legal principles applicable in this case and advise Joshua.
3. The literal meaning of Nemodat quad non habet is that no one can give what he has not However there are exceptions to this rule .Discuss the exception of nemodat rule
4. In relation to the contract of sale of goods. Outline categories of unascertained goods and also the rules that govern the delivery of goods.
5. Sometimes a seller may not be paid for the good delivered and therefore he may exercise right of resale under certain circumstances. In relation to the above statement highlight various circumstances under which the unpaid seller might exercise the right to resale.
6. Transfer of property is governed by various rules. Summaries the four rules governing transfer of property.
7. In relation to the contract of sale, describe the duties of a seller under cost, insurance and freight contract.
8. Discuss the doctrine of caveat emptor as it is used in the context of the law governing salle of goods.
9. Right of stoppage in transit may be exercised through various ways, Explain various ways in which the seller's right of stoppage in transit might be exercised.