Question
Questions 1. Hosea and Jeremiah met for business lunch at the restaurant in town, they were later joined by Joshua Jeremiah's friend .During the discussion
Questions
1. 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.
2.For a memorandum of the hirer purchase agreement to be enforceable it must contain certain information. Explain the type of such information that it must contain.
3.The hire purchase act implies some terms in every higher purchase agreement. One of these terms is merchantability .This is a condition that goods are of merchantable quality unless they are second hand. There is however some instances when this condition maybe dispensed with. Outline two of the instances when merchantability maybe dispensed with.
4.In the context of the hire purchase law explain the various effect of the non registration of hire purchase agreements.
5.Nur entered into a hire purchase contract with Ujuzi traders regarding a sewing machine The hire purchase of the sewing machine was sh.10000 Nur paid a total of sh.8000 but facing financial difficulties and is in arrear of two months .The hire purchase company has repossessed the machine Nur aggrieved .Explain the legal principal applicable in the above case.
6.An agent should not make secret profit out of his agency except his renumerations. Describe the consequences of the breach of this duty.
7.In relation to the law of agency, describe five instances under which the agent might be liable to be held personally to third party.
8.Agency relationship can be terminated by the action of the parties, in relation to the above statement state and explain various ways in which agency relationship would be terminated by the action of the parties.
9.One way in which an agency may be created is through ratification. Explain the essentials of a valid ratification of the agency.
10. In relation to the contract of the hire purchase. Outline the five provision which govern the termination of a hire purchase agreement by the hirer.
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