Questions

1. In contractual situations, where the traditional(conventional) approach of determining the offer by the offeror and acceptance by the offeree cannot be applied, how would the court then, determine whether an actual agreement has been satisfactorily negotiated and actual valid contract reached concluded between the parties?

2. Contracts in the recent world are expressed in different ways either wholly written or partially written. Therefore, discuss why is it necessary today for some contracts to be wholly in writing and some contracts to be evidenced in writing?

3. Electronic commerce is an emerging trend in business law and has several impacts to the society at large. Discuss some of the types of problems that can arise in contract law for consumers that use electronic commerce(e-commerce).

4. The legislative power of parliament is exercisable through bills passed by national assembly. With reference to the above statement, explain three types of bills that might be presented to parliament in your country.

5. Negotiable instruments are a written document representing money transferrable from one person to another by means of endorsement and so in accordance with that negotiable instruments, discuss three acts that might be held to amount to negligence on the part of collecting banker.

6.Nuisance is a tort committed if someone is wrongly disturbed in the use and enjoyment of his land. Describe the defenses available to a person who is being sued for nuisance.

7.Many clauses in a contract purport to exclude liability for injury, loss or damage. Explain five rules which determine the effectiveness of such clauses.

8.One of the remedies available on breach of contract is action for specific performance. However, there are cases when the remedy might or might not be granted. With reference to the above statement, identify three cases when specific performance might be granted and three when it might not the general rule that "for a contract to be discharged by performance, the performance must be precise and exact" was modified by exceptions to mitigate its harshness. Discuss five exceptions to this general rule.

be granted.

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

10.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.