Questions

1.Partnership is a contract between two or more in order to carry out a business. With reference to partnerships; identify five ways in which a person shall cease to be a partner of a certain business.

2.Law of tort is concerned with a civil wrong committed other than breach of contract. With reference to the law of tort; explain the legal principle in the rule of Ryland's verses Fletcher as seen in this case law.

3.An incorporated association is an association of persons recognized as a legal entity which has its own rights and is subject to obligations. With reference to the above statement, explain two ways in which an incorporated association might be brought into existence.

In relation to the law governing negotiable instruments which is an unconditional order, explain three types of endorsements that might be made on a bill of exchange.

4.Summarise four ways by which a contract might be discharged by operation of the law.

5.Explain four essentials of an enforceable contract.

6.Discuss five remedies available when there is breach of a contract.

7. Summarise three exemptions lied down in tournier v. national provincial and union bank of England (1924). Regarding the banks duty of non-disclosure concerning its customers affairs

8.Define the tern invitation of treat

Explain four types of invitation treat

b) Discuss five valid essentials of a contract

9.Explain five exemption clauses which if included in a contract might be considered null and void.

10.Under the law of contract, certain types of contracts must be evidenced in writing for them to be valid

With reference to the above statement, identify ten types of contracts which must be evidenced in writing in order to be valid.